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Sun Country Airlines Holdings, Inc.

SNCY/Allegiant Travel CompanyALGT

Allegiant to Acquire Sun Country Airlines in Mixed Stock-Cash Deal

Mixed+19.8% premiumVote Scheduledmedium confidence

Key takeaways

  • Allegiant Travel Company acquires Sun Country Airlines Holdings, Inc. — 20% premium (mixed).

Merger Arbeconomics, downside, days

Deal value

mixed

Per-share offer

Premium

+19.8%

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    May 8, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required70d post-vote
Vote dateMay 8, 2026
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. Apr 24, 2026

    Allegiant to Acquire Sun Country Airlines in Mixed Stock-Cash Deal

  2. Apr 24, 2026this filing

    Allegiant to Acquire Sun Country Airlines in Mixed Stock-Cash Deal


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveAllegiant to Acquire Sun Country Airlines in Mixed Stock-Cash Dealvote_scheduled

Sources

Allegiant Travel Company agreed to acquire Sun Country Airlines Holdings, Inc. in an all-stock and cash transaction, with Sun Country shareholders receiving 0.1557 shares of Allegiant common stock and $4.10 in cash per share. The transaction values Sun Country at approximately $18.89 per share based on Allegiant's January 9, 2026 closing price, representing a 19.8% premium. Both companies' shareholders will vote on May 8, 2026, with former Sun Country equityholders representing approximately 33% of Allegiant on a fully diluted basis post-closing.

Item id: 7b250727-7b48-47e6-bd9b-7e264b8a9011 · ingested Apr 24, 2026