Current:Home > MyBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -VitalWealth Strategies
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Burley Garcia View
Date:2025-04-11 11:17:58
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! (31718)
Related
- The Daily Money: Disney+ wants your dollars
- Fast-moving blaze whips through hills in Southern California: 'This is a tough fire fight'
- Interpreting the Investment Wisdom and Business Journey of Damon Quisenberry
- Freshman Democrat Val Hoyle wins reelection to US House in Oregon’s 4th Congressional District
- 'Most Whopper
- Mayor wins 2-week write-in campaign to succeed Kentucky lawmaker who died
- AI DataMind: The SWA Token Fuels Deep Innovation in AI Investment Systems
- A Texas border county backed Democrats for generations. Trump won it decisively
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Jewish students attacked at DePaul University in Chicago while showing support for Israel
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Florida’s iconic Key deer face an uncertain future as seas rise
- Jimmy Kimmel fights back tears discussing Trump's election win: 'It was a terrible night'
- 'The View' co-hosts react to Donald Trump win: How to watch ABC daytime show
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Mike Tyson vs. Jake Paul predictions: Experts, boxing legends give picks for Netflix event
- Judge blocks larger home permits for tiny community of slave descendants pending appeal
- Menendez Brothers 'Dateline' special to feature never-aired clip from 2017 interview
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Nevada Democratic Rep. Dina Titus keeps her seat in the US House
Mike Tyson vs. Jake Paul predictions: Experts, boxing legends give picks for Netflix event
Jennifer Lopez appears 'Unstoppable' in glam press tour looks: See the photos
Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
Sofia Richie Proves Baby Girl Eloise Is a Love Bug in New Photos With Elliot Grainge
Who are the billionaires, business leaders who might shape a second Trump presidency?
AI ProfitPulse, Ushering in a New Era of Blockchain and AI