M&A
confidence high
sentiment neutral
materiality 0.65
Allegiant provides supplemental disclosures for Sun Country merger; special meeting set May 8, 2026
Allegiant Travel CO
- Two shareholder lawsuits filed in NY Supreme Court challenging merger; Allegiant says claims without merit.
- Supplemental disclosures include Allegiant forecasts: 2026E net income $137M, revenue $2,664M.
- Sun Country December forecasts: 2026E revenue $1,170M, adjusted EBITDAR $211M.
- Goldman Sachs fairness opinion: Sun Country standalone DCF $18.70-$22.90/share; pro forma combined $21.70-$30.75.
- Special stockholder meetings for Allegiant and Sun Country scheduled for May 8, 2026 to vote on merger.