Sun Country Airlines (NasdaqGS:SNCY) M&A announcement January 12, 2026 08:30 AM ET Company ParticipantsJude Bricker - President and CEOMichael Broderick - Chief Integration OfficerSherry Wilson - Managing Director of Investor RelationsRobert Neal - President and CFODrew Wells - COOConor Cunningham - DirectorDuane Pfennigwerth - Senior Managing DirectorGregory Anderson - CEOConference Call ParticipantsChristopher Stathoulopoulos - Senior Investment AnalystCatherine O'Brien - Equity Research AnalystScott Grou ...

Group 1 - Allegiant is acquiring Sun Country in a cash deal valued at $1.5 billion [1] - The acquisition implies a value of $18.89 per share for Sun Country, with shareholders receiving 0.1557 shares of Allegiant stock and $4.10 in cash for each share [1] - The deal represents a nearly 20% premium over Sun Country's closing stock price prior to the announcement [2] Group 2 - The merger will test the current administration's stance on airline consolidations, following previous challenges to other airline mergers [2] - The Biden administration previously blocked JetBlue Airways' acquisition of Spirit Airlines, indicating a cautious regulatory environment for airline mergers [2]