Shareholder Alert: The Ademi Firm investigates whether Sun Country Airlines Holdings, Inc. is obtaining a Fair Price for its Public Shareholders

Core Viewpoint - Ademi LLP is investigating Sun Country for potential breaches of fiduciary duty and other legal violations related to its transaction with Allegiant Travel [1]. Group 1: Transaction Details - Sun Country stockholders will receive 0.1557 shares of Allegiant Travel common stock and $4.10 in cash for each Sun Country share, valuing Sun Country at approximately $1.5 billion, including $0.4 billion of net debt [2]. - Upon completion of the transaction, Allegiant and Sun Country shareholders will own approximately 67% and 33% of the combined company, respectively [2]. Group 2: Board Conduct and Shareholder Rights - The transaction agreement imposes significant penalties on Sun Country for accepting competing bids, which raises concerns about the board's fulfillment of fiduciary duties to all shareholders [3]. - Ademi LLP specializes in shareholder litigation related to buyouts, mergers, and individual shareholder rights [4].