Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Streamline Finance
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-11 23:35:11
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! (76)
Related
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Special session for ensuring President Biden makes Ohio’s fall ballot could take several days
- Sean “Diddy” Combs Accused of Sexual Assault by 6th Woman in New York Lawsuit
- Victoria Justice Teases What Goes Down in Victorious and Zoey 101 Group Chats
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- NCAA women's lacrosse semifinals preview: Northwestern goes for another title
- American is flying home after getting suspended sentence for ammo possession in Turks and Caicos
- MLB Misery Index: New York Mets have another big-money mess as Edwin Díaz struggles
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- Louisville officer in Scottie Scheffler arrest faced previous discipline. What we know.
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Mississippi man accused of destroying statue of pagan idol at Iowa state Capitol takes plea deal
- How Beyonce’s Mom Tina Knowles Supported Kelly Rowland After Viral Cannes Incident
- Mike Love calls Beach Boys reunion with Brian Wilson in documentary 'sweet' and 'special'
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- American Airlines drops law firm that said a 9-year-old girl should have seen camera on toilet seat
- U.K. Prime Minister Rishi Sunak sets July 4 election date as his Conservative party faces cratering support
- The 57 Best Memorial Day 2024 Beauty Deals: Fenty Beauty by Rihanna, T3, MAC, NuFACE, OUAI & More
Recommendation
British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
As Trump’s hush-money trial nears an end, some would-be spectators camp out for days to get inside
Case dismissed against Maryland couple accused of patient privacy violations to help Russia
Biden campaign releases ad slamming Trump on gun control 2 years after Uvalde school shooting
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
6 killed in Idaho crash were agricultural workers from Mexico, officials say
New Nintendo Paper Mario remake features transgender character
Man sentenced to 25 years for teaching bomb-making to person targeting authorities