Jan. 12 at 5:40 PM
$ALGT just made a
$1.5B move — consolidation alert 🚨
Allegiant struck a
$1.5B cash-and-stock deal to buy Sun Country, paying
$18.89 a share and targeting
$140M in annual synergies. That’s a clear bet on scale and cost leverage in a tough airline environment.
Full breakdown of the deal here 👉 https://www.zacks.com/stock/news/2816012/allegiant-signs-15b-cash-and-stock-deal-to-purchase-sun-country?cid=sm-stocktwits-2-2816012-teaser-28495&ADID=SYND_STOCKTWITS_TWEET_2_2816012_TEASER_28495