Allegiant to accumulate Solar Nation Airways in $1.5B deal

LAS VEGAS (KLAS) — Las Vegas–primarily based Allegiant introduced it is going to purchase Solar Nation Airways in a cash-and-stock deal valued at roughly $1.5 billion, a transfer that might create one of many largest leisure-focused airways in the US. Underneath the settlement, Solar Nation shareholders will obtain $4.10 in money and 0.1557 shares of Allegiant inventory […]