Current:Home > reviewsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -BeyondWealth Learning
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-18 10:35:09
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! (99)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- How to watch SpaceX, NASA launch that will bring Starliner astronauts home in 2025
- Connecticut Sun fend off Minnesota Lynx down stretch of Game 1 behind Alyssa Thomas
- Awareness of ‘Latinx’ increases among US Latinos, and ‘Latine’ emerges as an alternative
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- NASCAR 2024 playoffs at Kansas: Start time, TV, streaming, lineup for Hollywood Casino 400
- Handing out MLB's 2024 awards: Shohei Ohtani, Aaron Judge earn MVPs for all-time seasons
- Montana man to be sentenced for cloning giant sheep to breed large sheep for captive trophy hunts
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Kris Kristofferson, legendary singer-songwriter turned Hollywood leading man, dies at 88
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Heidi Klum debuts bangs while walking her first Paris Fashion Week runway
- Budget-Strapped Wyoming Towns Race for Federal Funds To Fix Aging Water, Sewer Systems
- New rules regarding election certification in Georgia to get test in court
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- 'Multiple' deaths reported after single-engine plane crashes in North Carolina
- Why Oscar hopeful 'Nickel Boys' is 'nothing like' any film you've ever seen
- Behind dominant Derrick Henry, Ravens are becoming an overpowering force
Recommendation
Sam Taylor
A brush fire prompts evacuations in the Gila River Indian Community southwest of Phoenix
Shohei Ohtani's 50-50 game-worn pants will be included in Topps trading cards
Budget-Strapped Wyoming Towns Race for Federal Funds To Fix Aging Water, Sewer Systems
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Raheem Morris downplays Kyle Pitts' zero-catch game: 'Stats are for losers'
College Football Misery Index: Ole Miss falls flat despite spending big
The final day for the Oakland Athletics arrives ahead of next season’s move away from the Bay