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NASDAQ:SNCY News 12 January 2026 - 13 January 2026

Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

Allegiant will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including net debt. Sun Country shareholders will get $4.10 in cash and 0.1557 Allegiant shares per share, valuing Sun Country at $18.89 each. The companies expect $140 million in annual synergies by the third year. Allegiant shares fell 6% while Sun Country rose 11% after the announcement.
SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

Sun Country shares jumped nearly 13% after Allegiant agreed to buy the airline in a $1.5 billion cash-and-stock deal. Allegiant shares fell 4% as investors weighed integration risks and deal costs. The offer values Sun Country at $18.89 per share, a 19.8% premium. Traders are watching the antitrust review and fluctuations in Allegiant’s stock, which affect the deal’s final value.

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Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
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