Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -×
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-13 01:41:50
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! (84169)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Authorities say Ohio man hid secret for 30 years. He's now charged for lying about his role in Rwandan genocide.
- The Bodysuits Everyone Loves Are All Under $20 for the Amazon Big Spring Sale
- Amazon's Big Spring Sale Has Cheap Fitness Products That Actually Work (and Reviewers Love Them)
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Texas Lawmaker Seeks to Improve Texas’ Power Capacity by Joining Regional Grid and Agreeing to Federal Oversight
- Annoyed With Your Internet Connection? This Top-Rated Wi-Fi Extender Is $15 during Amazon's Big Sale
- A fifth Albuquerque, New Mexico, police officer has resigned amid probe of unit
- The company planning a successor to Concorde makes its first supersonic test
- New York Mets to sign J.D. Martinez, make big splash late to bolster lineup
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- 25-Year-Old Woman Announces Her Own Death on Social Media After Rare Cancer Battle
- Julia Fox Turns Heads After Wearing Her Most Casual Outfit to Date
- No charges will be filed in nonbinary teen Nex Benedict's death, Oklahoma district attorney says
- A White House order claims to end 'censorship.' What does that mean?
- Lack of buses keeps Los Angeles jail inmates from court appearances and contributes to overcrowding
- Sen. Bob Menendez won't run in N.J. Democratic primary, may seek reelection as independent if cleared in bribery case
- Julia Fox Turns Heads After Wearing Her Most Casual Outfit to Date
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Is Donald Trump’s Truth Social headed to Wall Street? It comes down to a Friday vote
Brandi Glanville Reveals How Tightening Her Mommy Stomach Gave Her Confidence
United Airlines now allows travelers to pool their air miles with others
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Detroit-area man convicted of drowning his 4 children in car in 1989 seeks release from prison
Justice Department sues Apple for allegedly monopolizing the smartphone market
Horoscopes Today, March 21, 2024