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Spirit Airlines said Chief Executive Officer Ted Christie is stepping down, less than a month after the pioneering discount carrier emerged from bankruptcy. Christie’s departure from the company and the board is effective immediately, parent Spirit Aviation Holdings Inc. said Monday in a statement. Until a successor is named, the company will be led by … Read more
Emergence Capital has closed its $1 billion seventh fund, it reported on Tuesday It’s the firm’s first raise in nearly four years. In May 2021, the San Mateo, California-based venture firm rounded up nearly a billion dollars in capital commitments across two funds. At that time, it closed its sixth early-stage fund with $575 million; … Read more
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