Current:Home > reviewsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -StockHorizon
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-27 09:53:57
ARLINGTON, Va. (AP) — Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm.
Boeing, located in Arlington, Virginia, announced the purchase in a statement late Sunday.
The acquisition’s equity value of $4.7 billion is $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit’s last reported net debt, the aerospace company said.
Spirit, located in Wichita, Kansas, manufactures key parts for Boeing aircraft.
veryGood! (37363)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- A Coal Ash Spill Made These Workers Sick. Now, They’re Fighting for Compensation.
- Supercritical CO2: The Most Important Climate Solution You’ve Never Heard Of
- Dancing with the Stars Pros Daniella Karagach and Pasha Pashkov Welcome First Baby
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- McCarthy says I don't know if Trump is strongest GOP candidate in 2024
- Turning Food Into Fuel While Families Go Hungry
- Newsom’s Top Five Candidates for Kamala Harris’s Senate Seat All Have Climate in Their Bios
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- New York, Massachusetts Move on Energy Storage Targets
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Ever wanted to stay in the Barbie DreamHouse? Now you can, but there's a catch
- Stitcher shuts down as podcast industry loses luster
- Trump’s ‘Energy Dominance’ Push Ignores Some Important Realities
- A South Texas lawmaker’s 15
- Extend Your Time Between Haircuts, Treat Split Ends and Get Long Locks With a Top-Rated $5 Hair Product
- Climate Change Could Bring Water Bankruptcy With Grave Consequences
- Humpback Chub ‘Alien Abductions’ Help Frame the Future of the Colorado River
Recommendation
Trump wants to turn the clock on daylight saving time
ARPA-E on Track to Boost U.S. Energy, Report Says. Trump Wants to Nix It.
Is Climate-Related Financial Regulation Coming Under Biden? Wall Street Is Betting on It
Titan sub passengers signed waivers covering death. Could their families still sue OceanGate?
Arkansas State Police probe death of woman found after officer
16 Game-Winning Ted Lasso Gift Ideas That Will Add Positivity to Your Life
Accepting Responsibility for a Role in Climate Change
Coal Ash Is Contaminating Groundwater in at least 22 States, Utility Reports Show