Allegiant to acquire Minnesota-based Sun Country in deal worth $1.5 billion

(FOX 9) — A major merger to create a leading leisure-focused U.S. airline.

Allegiant will acquire Sun Country in a cash and stock transaction valued at around $1.5 billion.

The combined company will maintain a significant presence in Minneapolis-St. Paul, where Sun Country is based, while being headquartered in Las Vegas.

The combined airline will offer more than 650 routes, including expanded international service to 18 destinations.

Specific details about the integration process and how it will affect current operations of both airlines are not yet available.

Categories: Business, Local News, Minnesota News

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