Allegiant Air

ALGT

Market cap $1.63B

LAS VEGAS, Jan. 14, 2026 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced several senior leadership promotions that strengthen organizational depth and position the company for long‑term success as it enters a pivotal next phase, including the establishment of an Integration Management Office. The promotions include Michael Broderick as Senior Vice President & Chief Integration Officer, Rebecca Aretos as Senior Vice President, Finance & Chief Accounting Officer, and Asad Shaikh as Senior Vice President, Corporate Finance & Treasurer.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sun Country Airlines Holdings, Inc. (NasdaqGS: SNCY) to Allegiant Travel Company (NasdaqGS: ALGT). Under the terms of the proposed transaction, shareholders of Sun Country will receive 0.1557 shares of Allegiant common stock and $4.10 in cash for each share of Sun Country that they own. KSF is seeki.

NEW YORK, Jan. 12, 2026 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Sun Country Airlines (NASDAQ: SNCY) and its board of directors concerning the proposed acquisition of the company by Allegiant (NASDAQ: ALGT). Stockholders will receive $4.10 in cash and 0.1557 shares of Allegiant common stock for each share of Sun Country Airlines stock that they hold.

ALGT inks a $1.5B cash-and-stock deal to buy Sun Country, paying $18.89 a share and aiming for $140M in annual synergies.

Investors see sunshine for Sun Country Airlines stock following news that it plans to merge with another ultra-low-cost carrier.

Allegiant Travel Company (ALGT) M&A Call Transcript

Allegiant Travel Company  (NASDAQ:ALGT) stock is down 3.9% to trade at $91.24 at last glance, after news that the company will buy budget airline competitor Sun Country Airlines (SNCY) in a deal valued $1.5 billion, or $18.89 per share, which is expected to close in the second half of 2026.

Allegiant (ALGT) will acquire Sun Country (SNCY) in a $1.5B cash-and-stock deal, offering a 19.8% premium to SNCY's last close. Federal prosecutors have launched a criminal investigation into Fed Chair Powell regarding the $2.5B renovation of the central bank's Washington headquarters.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines is fair to Allegiant shareholders. Upon completion of the proposed transaction, Allegiant shareholders will own approximately 67% of the combined company. Halper Sadeh encourages Allegiant shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763.

The deal will expand the combined company's network, adding more destinations across the US and international markets.