08/30/2009 05:12 am ET | Updated May 25, 2011

Southwest Airlines Seeks To Acquire Denver-Based Frontier

Southwest Airlines confirmed today that it has submitted a bid to acquire Denver-based Frontier Airlines.

Southwest's nonbinding initial bid of "a minimum of $113.6 million" tops the proposed investment agreement of $108.7 million offered by Republic Airways Holdings.

Read more on The Denver Post