US DOJ Clears Allegiant-Sun Country Merger
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US DOJ clears Allegiant-Sun Country merger
The US Department of Justice has granted antitrust clearance to Allegiant Air’s acquisition of Sun Country Airlines, which is an “important step toward the combination of the two airlines,” Allegiant said. The proposed merger remains subject to other closing conditions, including approval from the Department of Transportation (DOT) and the approval of the shareholders of both companies. The transaction is expected to close in the second or third…
Allegiant wins US antitrust clearance for planned Sun Country acquisition
Allegiant Travel Company and Sun Country Airlines today announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with Allegiant’s previously announced proposed acquisition of Sun Country. Receiving U.S. antitrust clearance is an important step toward completing the combination of the two airlines. The proposed transaction remains subject to other customary closing conditio…
Allegiant secures antitrust clearance for Sun Country acquisition, targets mid-2026 closing
Allegiant has received U.S. antitrust clearance for its planned acquisition of Sun Country Airlines, clearing a key regulatory… The post Allegiant secures antitrust clearance for Sun Country acquisition, targets mid-2026 closing appeared first on Air Data News.
Budget Airlines Allegiant and Sun Country Move Closer to Merger
Budget airlines Allegiant and Sun Country Airlines announced plans to merge in a $1.5 billion deal earlier this year. Now, the airlines say they’ve cleared a major regulatory hurdle that could move the merger forward sooner than expected. Here’s what we know. Merger Expected to Be Completed by Mid-2026 Allegiant announced an agreement on January 11 to acquire fellow budget airline Sun Country Airlines, creating a leisure-focused airline. In a n…
Allegiant and Sun Country Clear a Major Merger Hurdle - Channelchek
Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines (NASDAQ: SNCY) cleared a critical regulatory hurdle this morning, announcing the early termination of the Hart-Scott-Rodino antitrust waiting period — meaning the U.S. Department of Justice has signed off on Allegiant’s proposed acquisition of Sun Country without objection. The milestone moves one of the more strategically compelling small-cap airline consolidations in years meanin…
Allegiant receives antitrust approval for Sun Country purchase, ...
The US Department of Justice has granted antitrust clearance for Allegiant Travel’s acquisition of Sun Country Airlines, allowing the discount carriers to advance their $850 million combination ahead of the previously anticipated schedule.
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