Current:Home > ScamsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Wealth Legacy Solutions
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Chainkeen View
Date:2025-03-11 08:17:24
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! (9216)
Related
- Sam Taylor
- O'Doul's in Milwaukee? Phenom Jackson Chourio can't drink in Brewers postseason party
- Lin-Manuel Miranda and Eisa Davis on their ‘Warriors’ musical concept album with Lauryn Hill
- Michael Hill and April Brown given expanded MLB roles following the death of Billy Bean
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Eva Mendes Reveals Whether She'd Ever Return to Acting
- AP PHOTOS: Life continues for Ohio community after Trump falsely accused Haitians of eating pets
- 'World-changing' impact: Carlsbad Caverns National Park scolds visitor who left Cheetos
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Phoenix could finally break its streak of 100-degree days
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- For 'Agatha All Along' star Kathryn Hahn, having her own Marvel show is 'a fever dream'
- South Carolina death row inmate asks governor for clemency
- Text of the policy statement the Federal Reserve released Wednesday
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Mississippi program aims to connect jailed people to mental health services
- Bowl projections: Tennessee joins College Football Playoff field, Kansas State moves up
- A Mississippi Confederate monument covered for 4 years is moved
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Why Deion Sanders believes Travis Hunter can still play both ways in NFL
US sends soldiers to Alaska amid Russian military activity increase in the area
Sean Diddy Combs Denied $50 Million Bond Proposal to Get Out of Jail After Sex Trafficking Arrest
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
The Laneige Holiday Collection 2024 Is Here: Hurry to Grab Limited-Edition Bestsellers, Value Sets & More
Sean “Diddy” Combs Pleads Not Guilty in Sex Trafficking Case After Arrest
DWTS’ Stephen Nedoroscik Shares the Advice He Got From Girlfriend Tess McCracken for Emmys Date Night