secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001193125-26-009914
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegiant to acquire Sun Country for $18.89/share ($4.10 cash + 0.1557 ALGT shares)
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- Total implied consideration of $18.89 per Sun Country share: $4.10 cash plus 0.1557 Allegiant shares.
- Combined airline serves ~22M customers, nearly 175 cities, with 650+ routes and 195 aircraft.
- Expected $140M annual synergies by Year 3 post-close; EPS accretive in Year 1.
- Sun Country CEO Jude Bricker and two other directors to join Allegiant board after close.
- Reverse termination fees: $33M (Sun Country change of recommendation), $52M (Allegiant change), $30M (HSR failure).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/0001193125-26-009914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/d20291d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-009914

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