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0.0011118378024852 0.0011118378024852 0.0014388489208633 -0.00680183126226286 0.0051013734466972 0.00784826684107252 0.00784826684107252 0.00784826684107252
Stock impact report

Allegiant Travel (ALGT), Sun Country Airlines (SNCY) Receive US Antitrust Clearance for Proposed Merger [Yahoo! Finance]

Allegiant Travel Company (ALGT) 
Last allegiant travel company earnings: 1/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.allegiantair.com
Company Research Source: Yahoo! Finance
16, Allegiant Travel Company and Sun Country Airlines (NASDAQ: SNCY ) announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding their proposed merger. This development signifies that the companies have received US antitrust clearance from the Department of Justice, marking a major milestone in the acquisition process. The move brings the two leisure-focused carriers closer to combining their operations and expanding their collective service offerings. While antitrust clearance has been secured, the transaction remains subject to several customary closing conditions before it can be finalized. These include approval from the US Department of Transportation regarding an interim exemption application, as well as formal approval from the shareholders of both Allegiant and Sun Country. Following these regulatory and corporate steps, the companies currently expect the deal to close during Q2 or Q3 2026. Leadership from Allegia Show less Read more
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