Current:Home > ContactBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -MarketLink
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-15 15:21:05
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! (94)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- NFL finalizes contract extension for commissioner Roger Goodell through March 2027
- Aaron Nola tosses a gem, Phillies crush Diamondbacks to take commanding NLCS lead
- Detroit casino workers launch strike for better pay and benefits
- Why members of two of EPA's influential science advisory committees were let go
- Russian-American journalist charged in Russia with failing to register as a foreign agent
- Former NFL star Terrell Owens hit by car after argument with man in California
- Joran van der Sloot Confessed to Brutal Murder of Natalee Holloway, Judge Says
- A South Texas lawmaker’s 15
- Detroit child playing in backyard mauled to death by 1 or 2 dogs
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Kate Spade Flash Deal: Get This $250 Glitter Handbag for Just $70
- Takeaways from AP’s reporting on who gets hurt by RFK Jr.'s anti-vaccine work
- Step Inside Pregnant Kourtney Kardashian’s Nursery for Baby Boy Barker
- Buckingham Palace staff under investigation for 'bar brawl'
- Indonesian presidential candidates register for next year’s elections as supporters cheer
- A rare book by Karl Marx is found in CVS bag. Could its value reach six figures?
- Lane Kiffin trolls Auburn with a 'dabbing' throwback to Iron Bowl loss
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Kate Spade Flash Deal: Get This $250 Glitter Handbag for Just $70
Restaurant chain Sweetgreen using robots to make salads
Bella Hadid Packs on the PDA With Cowboy Adan Banuelos After Marc Kalman Breakup
Former Syrian official arrested in California who oversaw prison charged with torture
Down, but not out: Two Argentine political veterans seek to thwart upstart populist
Tropical Storm Tammy forms in tropical Atlantic heading toward group of islands, forecasters say
Protesters in Lebanon decrying Gaza hospital blast clash with security forces near U.S. Embassy