ir.suncountry.com
• News Release
Allegiant to acquire Sun Country in $1–1.5B cash-and-stock deal, creating a larger U.S. leisure carrier
Allegiant Air will acquire Minneapolis-based Sun Country Airlines in a cash-and-stock transaction reported between $1 billion and $1.5 billion, consolidating two leisure-focused low-cost carriers under the Allegiant brand. Sun Country operations will be folded into Allegiant’s low-cost model amid rising costs and intense competition.
