Allegiant to acquire Sun Country Airlines for $4.10 cash + 0.1557 shares per SNCY share

Allegiant Travel CO

Each Sun Country share converted into $4.10 cash and 0.1557 Allegiant shares.
Termination fees: Allegiant pays $52.23M (superior proposal) or $30M (HSR failure); Sun Country pays $33.02M.
Closing conditions require stockholder approvals, FAA, DOT, DHS/TSA, and HSR clearances, plus Nasdaq listing.
Allegiant board to add 3 Sun Country directors, including CEO Jude Bricker.
Expected closing by January 11, 2027, with potential extensions for regulatory approvals.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

Allegiant Travel CO entered into Agreement and Plan of Merger with Sun Country Airlines Holdings, Inc., Mirage Merger Sub, Inc., Sawdust Merger Sub, LLC (effective 2026-01-11).

Action: entry
Agreement: merger
Counterparty: Sun Country Airlines Holdings, Inc., Mirage Merger Sub, Inc., Sawdust Merger Sub, LLC
Effective: 2026-01-11

Exact text from the filing

On January 11, 2026, Allegiant Travel Company, a Nevada corporation (“ Allegiant ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Sun Country Airlines Holdings, Inc., a Delaware corporation (“ Sun Country ”), Mirage Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Allegiant (“ Merger Sub 1 ”), and Sawdust Merger Sub, LLC, a Nevada limited liability company and a direct wholly owned subsidiary of Allegiant (“ Merger Sub 2 ”, together with Merger Sub 1, the “ Merger Subs ” )

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284 material agreements filed in the last 30 days. Browse all material agreements →

Allegiant Travel CO filing history →

Source: SEC EDGAR

accession 0001140361-26-000907

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