Current:Home > NewsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Finovate
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-13 23:53:50
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! (4)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Zayn Malik Teases Recording Studio Session in Rare Photo
- Kourtney Kardashian Reflects on Drunken Wedding in Las Vegas With Travis Barker on Anniversary
- Grisly details emerge from Honduras prison riot that killed 46 women
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Tearful Jeremy Renner Recalls Writing Last Words to His Family After Snowplow Accident
- Three (Hopeful!) Takeaways From The UN's Climate Change Report
- The Great California Groundwater Grab
- Sam Taylor
- JoJo Siwa Teases New Romance in Message About Her “Happy Feelings”
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- California's Dixie Fire Is Now The 2nd Largest In State History
- Michael K. Williams Death Investigation: Man Pleads Guilty in Connection With Actor's Overdose
- Kate Spade 24-Hour Flash Deal: Get This $360 Tote Bag for Just $79
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Most Americans would rather rebuild than move if natural disaster strikes, poll finds
- Argentina's junta used a plane to hurl dissident mothers and nuns to their deaths from the sky. Decades later, it returned home from Florida.
- Russia tries to show Prigozhin’s Wagner “rebellion” over with Shoigu back in command of Ukraine war
Recommendation
All That You Wanted to Know About She’s All That
Prince George's Role in King Charles III's Royal Coronation Revealed
Fresco of possible pizza ancestor from ancient Pompeii found at dig site
Scientists Are Racing To Save Sequoias
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Lukas Gage and Chris Appleton Are Engaged
Every National Forest In California Is Closing Because Of Wildfire Risk
Water's Cheap... Should It Be?