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Allegiant and Sun Country Airlines to Combine, Creating a Leading, More Competitive Leisure-Focused U.S. Airline

https://www.prnewswire.com/news-releases/allegiant-and-sun-country-airlines-to-combine-creating-a-leading-more-competitive-leisure-focused-us-airline-302658024.htmlhttps://www.cnbc.com/2026/01/11/allegiant-sun-country-deal.htmlhttps://www.fox9.com/news/allegiant-acquire-sun-country-1-5b-merger-boosting-leisure-travel
Prnewswire.com and 3 more
Allegiant and Sun Country Airlines to Combine, Creating a Leading, More Competitive Leisure-Focused U.S. Airline Open in Prnewswire.com
Highlights
  • The merged company will be headquartered in Las Vegas and will maintain a significant presence in Minneapolis-St. Paul as Sun Country joins the combined group.
  • Allegiant expects to realize about $140 million in annual synergies within three years after closing, boosting options across the combined network.
  • Sun Country shareholders will receive 0.1557 Allegiant shares plus $4.10 in cash per Sun Country share, signaling a premium to the target’s recent price.

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References

Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to acquire Sun Country in $1.5B merger: boosting leisure travel

Allegiant to acquire Sun Country in $1.5B merger: boosting leisure travel

Allegiant to acquire Sun Country Airlines for $1.5B

Allegiant to acquire Sun Country Airlines for $1.5B

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