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Recently Frontier Airlines made a bid to purchase Spirit Airlines. Will this merger, if it goes through, be a life-saving event for Spirit? Also, shortly

Recently Frontier Airlines made a bid to purchase Spirit Airlines.

Will this merger, if it goes through, be a life-saving event for Spirit?

Also, shortly after Frontier Airlines made an offer, JetBlue came in and made an offer to disrupt the Frontier offer. It makes me wonder -

does Spirit worth have a bidding war to purchase the company?
Spirit Airlines and Frontier Airlines propose a Merger-JetBlue disrupts the offer from Frontier - does this matter to Spirit?

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