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Allegiant to buy Sun Country Airlines in $1.5 billion deal

( January 11, 2026, 23:36 GMT | Official Statement) -- MLex Summary: Allegiant has agreed to buy Sun Country Airlines for $1.5 billion. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in the second half of 2026, subject to receipt of US federal antitrust clearance and other required regulatory approvals, the approval of both companies' shareholders and other customary closing conditions.Statement follows below:...

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