Allegiant Air acquires Sun Country Airlines

Allegiant Air agreed to acquire Sun Country Airlines. Reported deal value: $1.5B. Status: Pending. Sector: airlines. Target headquarters context: Minneapolis, Minnesota, United States.

This page summarizes publicly available information about the transaction as of 2026-01-13. Figures and status may change as filings and press coverage update.

Deals Latham & Watkins Advises on Allegiant US$1.5 Billion Cash and Stock Acquisition of Sun Country Airlines Allegiant and Sun Country Airlines have announced a definitive merger agreement under which Allegiant will acquire Sun Country in a cash and stock transaction at an implied value of US$18.89 per Sun Country share