Allegiant Travel CO (ALGT): M&A transaction — Allegiant Travel closes sale of Sunseeker Resort to Blackstone for $200M

Allegiant Travel CO

Sold Sunseeker Resort, Aileron Golf Course and related properties in Southwest Florida to affiliates of Blackstone Real Estate Group.
Received cash proceeds of $200,000,000 less various closing adjustments.
Proceeds will be used primarily to pay down corporate debt and for general corporate purposes.
No material relationship between the buying entities and Allegiant other than this transaction.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Allegiant Travel CO completed a disposition involving affiliates of Blackstone Real Estate Group for $200,000,000 (closed 2025-09-04).

Action: disposition
Counterparty: affiliates of Blackstone Real Estate Group
Consideration: $200,000,000
Closing: 2025-09-04

Exact text from the filing

relationship, other than in respect of the transaction, between the buying entities and the Company or any of its affiliates. At closing, the Company received cash proceeds of $200,000,000 less various closing adjustments. The Company expects to use the proceeds of the transaction to pay down corporate debt and for other general corporate purposes SIGNATURE Pursuant

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Allegiant Travel CO filing history →

Source: SEC EDGAR

accession 0001362468-25-000044

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