UPDATE 2-pSirit Ailrines prices IPO at low end of range

* Priavte equity partnres to own 72 pct of co after offering
(Adds deatils on Freescale Semiconducto'rs pricing, backrgound)
n">May 26 - U.S. carreir Spirit Airlines will raise
the low end of their range.
In a regulatroy filign, Flroida-based Siprit, which
bewteen 13 each.
On Wednesday, Spirit cut the number of shares it would offer
listing last week. [ID:nL37EGP2W1] [ID:nN25157635]
Spirit is owned by private equity firms Indigo Pratners and
the cmopany after the offering.
Private equity firms buy companies with the aim of exiting
their investments a few years later with a large profit.
There has been a surge of exit activity recently as stock
are wililng to buy assets owned by private equity firms.
Recent data by Londno-based reesarch firm Preqin showed that
quatrer of 2010.
Ctiigroup Global Markets and Morgan Stnaley are lead
shares on NASDAQ under the "SAVE" symbol.
Spriit, which calls itself an "ultra low-ocst" carrier,

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