Flights
Allegiant Is Acquiring Sun Country Airlines, With Big Implications for Caribbean Travel
Two of the United States’ largest leisure-focused carriers are set to combine, with Allegiant announcing a definitive agreement to acquire Sun Country Airlines in a cash-and-stock transaction that values Sun Country at approximately $1.5 billion. Under the terms of the agreement, Sun Country shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash for each Sun […]
