Allegiant to Acquire Sun Country Airlines in $1.5B Deal

Allegiant to acquire Sun Country Airlines in $1.5B deal

LAS VEGAS (KLAS) -- Las Vegas–based Allegiant announced it will acquire Sun Country Airlines in a cash-and-stock deal valued at approximately $1.5 billion, a move that would create one of the largest leisure-focused airlines in the United States. Under the agreement, Sun Country shareholders will receive $4.10 in cash and 0.1557 shares of Allegiant stock [...]

Allegiant to acquire Sun Country Airlines for $1.5B

Low-cost airline Allegiant will acquire Sun Country Airlines in a deal valued at about $1.5 billion, including debt, the companies said on Sunday.

Allegiant to buy Sun Country in $1.5B deal reshaping budget travel

Low-cost carrier Allegiant Air is acquiring Sun Country Airlines in a $1.5 billion deal aimed at expanding leisure routes.

Allegiant to acquire Sun Country in deal valued at $1.5 billion

The combined entity will provide more than 650 routes, including 18 international destinations in Mexico, Canada, the Caribbean and Central America, the companies said.

Allegiant to acquire Sun Country in $1.5B cash-and-stock deal

Minnesota’s Sun Country Airlines to be acquired by Allegiant in $1.5B deal

The companies say deal will combine route networks to offer Minneapolis-St. Paul International Airport to more mid-sized markets and vacation destinations.