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Allegiant and Sun Country Announce Early Termination of Hart-Scott-Rodino Act Waiting Period for Allegiant's Proposed Acquisition of Sun Country

  • Allegiant Travel Company (NASDAQ: ALGT) and Sun Country Airlines (NASDAQ: SNCY) announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Allegiant's proposed acquisition of Sun Country.
  • Receiving U.S. antitrust clearance from the Department of Justice is a critical step toward completing the combination of the two airlines.
  • The transaction remains subject to customary closing conditions, including approval from the U.S. Department of Transportation regarding an interim exemption application and shareholder approval from both companies.
  • The deal is now expected to close in the second or third quarter of 2026.
  • Allegiant CEO Greg Anderson stated the combination will create a stronger leisure-focused airline offering a broader network, more travel options, & increased long-term value for shareholders.
  • Allegiant is a Las Vegas-based integrated travel company focused on connecting small-to-medium cities to vacation destinations with all-nonstop flights & low average fares.
  • Sun Country is a Minnesota-based hybrid low-cost carrier serving leisure, VFR, & charter customers, including cargo service to Amazon, with flights across the U.S. & to destinations in Mexico, Central America, Canada, & the Caribbean.