Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Elevate Capital Network
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-15 05:51:49
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! (2766)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Priyanka Chopra Reflects on Dehumanizing Moment Director Requested to See Her Underwear on Set
- Maine Town Wins Round in Tar Sands Oil Battle With Industry
- Jack Hanna's family opens up about his Alzheimer's diagnosis, saying he doesn't know most of his family
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Dwindling Arctic Sea Ice May Affect Tropical Weather Patterns
- Why our allergies are getting worse —and what to do about it
- Today’s Dylan Dreyer Shares Son Calvin’s Celiac Disease Diagnosis Amid “Constant Pain”
- A South Texas lawmaker’s 15
- Missing sub pilot linked to a famous Titanic couple who died giving lifeboat seats to younger passengers
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Our bodies respond differently to food. A new study aims to find out how
- A terminally ill doctor reflects on his discoveries around psychedelics and cancer
- One man left Kansas for a lifesaving liver transplant — but the problems run deeper
- Stamford Road collision sends motorcyclist flying; driver arrested
- Carrie Actress Samantha Weinstein Dead at 28 After Cancer Battle
- #BookTok: Here's Your First Look at the Red, White & Royal Blue Movie
- U.S. Military Precariously Unprepared for Climate Threats, War College & Retired Brass Warn
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
New York Rejects a Natural Gas Pipeline, and Federal Regulators Say That’s OK
U.S. Regulators Reject Trump’s ‘Multi-Billion-Dollar Bailout’ for Coal Plants
Two Farmworkers Come Into Their Own, Escaping Low Pay, Rigid Hours and a High Risk of Covid-19
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Survivor Season 44 Crowns Its Winner
Medical students aren't showing up to class. What does that mean for future docs?
California man who attacked police with taser on Jan. 6 sentenced to 12 1/2 years in prison