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Allegiant拟15亿美元收购低成本航空公司Sun Country
Zheng Quan Shi Bao Wang· 2026-01-12 00:38
此交易将成为对特朗普政府处理航空业合并案的考验,此前拜登政府曾基于反垄断理由阻止了JetBlue对 Spirit Airlines的收购,但批准了Alaska Air对Hawaiian Airlines的收购。Allegiant在去年秋季末与Sun Country接洽。 Allegiant将以约15亿美元的价格,通过现金和股票形式收购低成本航空公司Sun Country。 Allegiant首席执行官格雷格.安德森表示,两家航空公司之间的航线网络重叠度低,且Sun Country与亚 马逊的合同飞行业务将继续,他对交易获得批准充满信心。 根据交易条款,Sun Country的股东每股将获得0.1557股Allegiant普通股和4.10美元现金,隐含价值为每 股18.89美元。 ...
SNCY Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Sun Country Airlines Holdings, Inc. is Fair to Shareholders
Businesswire· 2026-01-11 23:45
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Sun Country Airlines Holdings, Inc. to Allegiant Travel Company, which involves a transaction of 0.1557 shares of Allegiant common stock and $4.10 in cash for each Sun Country share [1] Company Summary - The sale price for each Sun Country share includes 0.1557 shares of Allegiant common stock and $4.10 in cash [1] - The investigation aims to determine if this transaction is fair to Sun Country shareholders [1] Legal Rights and Options - Sun Country shareholders are encouraged to learn more about their legal rights and options regarding the sale [1] - Contact information for legal representatives Daniel Sadeh and Zachary Halper is provided for further inquiries [1]
ALGT Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Allegiant Travel Company is Fair to Shareholders
Businesswire· 2026-01-11 23:37
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between Allegiant Travel Company and Sun Country Airlines for Allegiant shareholders, as they will own approximately 67% of the combined entity upon completion of the transaction [1]. Group 1: Investigation Details - The investigation focuses on whether Allegiant and its board violated federal securities laws or breached fiduciary duties by not securing the best possible consideration for shareholders and failing to disclose all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for Allegiant shareholders, additional disclosures, and other forms of relief related to the proposed transaction [4]. Group 2: Legal Rights and Options - Allegiant shareholders are encouraged to learn more about their legal rights and options regarding the merger through Halper Sadeh LLC [2].
Global airline cancels all flights in Chapter 7 liquidation plan
Yahoo Finance· 2026-01-11 23:19
Airline Liquidations in 2026 - The first airline to cease operations in 2026 is Royal Air Philippines, which has canceled all commercial flights, affecting 3,000 to 4,000 travelers [1][2] - Royal Air Philippines was established in 2017 and expanded to international destinations but has faced ongoing financial challenges [1][2] Dove Airlines Voluntary Liquidation - Dove Airlines, an Indian charter carrier founded in 2007, has entered voluntary liquidation on January 5, 2026, after failing to improve its financial situation [3][5] - The airline has not operated flights since 2022 and has faced sustained financial losses, leading to its decision to liquidate [4][6] - Despite attempts to find new funding and turn its finances around, the airline's modest profit of ₹23.9 lakh (approximately $2,600) in the 2024 fiscal year was insufficient [5][6] Previous Airline Bankruptcies - Several airlines filed for bankruptcy in 2025, including Spirit Airlines, Ravn Alaska, Corporate Air, Play Airlines, and Braathens Airlines, indicating ongoing instability in the airline industry [7]
Allegiant to acquire Sun Country Airlines for $1.5B
New York Post· 2026-01-11 23:12
Group 1 - Allegiant will acquire Sun Country Airlines in a deal valued at approximately $1.5 billion, including debt, with Sun Country shareholders receiving 0.1557 Allegiant shares and $4.10 in cash for each share, valuing the stock at $18.89, a premium of about 19.8% to its previous close of $15.77 [1][2] - The acquisition will expand the combined company's network, adding more destinations across the US and international markets, with a fleet of about 195 aircraft [2][3] - The combined company is expected to generate $140 million in annual synergies by the third year after closing, and the transaction will be accretive to earnings per share in the first year [2] Group 2 - Upon closing, Allegiant and Sun Country shareholders will own approximately 67% and 33% of the combined company, respectively [4] - Allegiant CEO Gregory Anderson will lead the combined company as CEO, while Robert Neal will serve as president and CFO, and Sun Country CEO Jude Bricker will join the board of directors [4] - The deal is anticipated to close in the second half of 2026 [2][5]
Allegiant to acquire Sun Country in deal valued at $1.5 billion
Fortune· 2026-01-11 22:45
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun Country’s debt, the two carriers said in a joint statement on Sunday. Sun Country’s shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, the companies said. The offer represents a premium of 19.8% over Sun Country’s closing share price on Friday, according to the statement.The combined entity will provide more than 650 routes ...
Allegiant to buy rival budget airline Sun Country for around $1.5 billion
MarketWatch· 2026-01-11 22:13
Budget air carriers Allegiant and Sun Country Airlines will merge, the companies said Sunday, the latest move toward consolidation in a heavily competitive industry. ...
Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal
CNBC· 2026-01-11 21:48
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]
Allegiant to acquire Sun Country Airlines for $1.5 billion
Reuters· 2026-01-11 21:37
Group 1 - Allegiant Airlines is set to acquire Sun Country Airlines in a transaction valued at approximately $1.5 billion, which includes debt [1]
Allegiant to Buy Sun Country for Around $1 Billion
WSJ· 2026-01-11 21:27
The proposed deal would bring together two carriers that have primarily served price-sensitive domestic vacationers at a time when that business model has come under strain. ...