Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Spirit AeroSystems Holdings, Inc. (NYSE: SPR), relating to its proposed merger with The Boeing Company. Under the terms of the agreement, Spirit shareholders will receive $37.25 in cash at closing per share of Spirit common stock t ...

NEW YORK, July 1, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Spirit AeroSystems (NYSE: SPR) and its board of directors concerning the proposed acquisition of the company by The Boeing Company (NYSE: BA). Stockholders will receive $37.25 in shares of Boeing common stock for each share of Spirit AeroSystems stock that they hold. The transaction is valued at approximately $8.3 billion and is expected to close in mid-2025. If you are a stockholder of Spirit Aero ...

Airplane parts supplier Spirit AeroSystems (NYSE:SPR) is trending, and SPR stock is up about 4% today. The shares are climbing, and Spirit is attracting attention because Boeing (NYSE:BA) agreed to buy the firm for $4.7 billion. BA stock is up about 3.5% this morning. Boeing agreed to pay $37.25 per share for Spirit. The airplane maker stated that the acquisition "is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more br ...

MILWAUKEE, July 1, 2024 /PRNewswire/ -- Ademi LLP is investigating Spirit (NYSE: SPR) for possible breaches of fiduciary duty and other violations of law in its transaction with Boeing. Spirit stockholders will receive Boeing common stock equal to an exchange ratio calculated as $37.25 divided by the volume weighted average share price of Boeing common stock over the 15-trading-day period ending on the second trading day prior to the closing, subject to a floor of $149.00 per share of Boeing common stock an ...

Enters into Term Sheet for Airbus to Assume Ownership of Certain Airbus Program Assets Spirit also announced today that it entered into a binding term sheet with Airbus SE [EUR: AIR.PA] ("Airbus"). Under the term sheet, the parties will continue to negotiate in good faith to enter into definitive agreements for Airbus to acquire certain Spirit assets that serve Airbus programs, concurrently with the closing of Spirit's acquisition by Boeing. Under the terms of the definitive merger agreement with Boeing, Sp ...

Spirit AeroSystems (NYSE:SPR) stock is on the rise Friday as reports claim the company is getting closer to a deal with Boeing (NYSE:BA). According to these reports, Boeing is making progress with negotiations to buy Spirit AeroSystems. Investors will note that Spirit AeroSystems is a former subsidiary of Boeing that split off on its own in 2005. This comes as European aircraft design company Airbus (OTCMKTS:EADSY) is also in talks to acquire parts of Spirit AeroSystems. Boeing and Airbus have both been neg ...

A month has gone by since the last earnings report for Spirit Aerosystems (SPR) . Shares have added about 1.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Spirit Aerosystems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Spirit AeroSystems Q1 Loss Widens, ...

WICHITA, Kan., June 5, 2024 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced that Mark Suchinski is stepping down as Senior Vice President and Chief Financial Officer. Irene Esteves, former Executive Vice President and Chief Financial Officer of Time Warner Cable and a member of Spirit's Board of Directors, has been appointed the new Chief Financial Officer effective immediately. Suchinski will remain with Spirit for a transition period to support the transition to Esteves in he ...

One clarification question and my main question. The 55 MAX units that you didn't ship in the quarter but produced, how many of those at this point have gone through this joint verification process and a That's my clarification question. And then my main question on Airbus and the negotiations there, Pat. Has there been any progress on the pricing side? Or did the pricing negotiations kind of get put to the side at this point, given it sounds like you're potentially negotiating with Airbus to take back the ...

Exhibit 99.1 Spirit AeroSystems Holdings, Inc. 3801 S. Oliver Wichita, KS 67210 www.spiritaero.com Spirit AeroSystems Reports First Quarter 2024 Results First Quarter 2024 • Revenues of $1.7 billion • EPS of $(5.31); Adjusted EPS* of $(3.93) • Cash used in operations of $416 million; Free cash flow* usage of $444 million • Currently engaged in discussions with Boeing on the possible acquisition of Spirit AeroSystems Wichita, Kan., May 7, 2024 - Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (“Spirit,” “Spiri ...