Former AG Investigates Sun Country Airlines Sale to Allegiant, Offering 0.1557 Shares and $4.10 Cash
- Transaction Investigation: Former Louisiana Attorney General Charles C. Foti and his law firm are investigating the proposed sale of Sun Country Airlines to Allegiant Travel to assess the fairness of the transaction.
- Shareholder Returns: Under the terms, shareholders of Sun Country will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per share, which may be perceived as undervaluing the company.
- Legal Consultation: KSF encourages shareholders who believe the transaction undervalues the company or wish to discuss their legal rights to contact their managing partner for free consultations at any time.
- Company Background: Sun Country Airlines Holdings, Inc. is listed on NASDAQ, and the potential implications of this transaction could affect shareholder investment decisions and the company's future market performance.
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- Shareholder Rights Investigation: Halper Sadeh LLC is investigating RAPT Therapeutics, Inc.'s sale to GSK plc for $58.00 per share, which may involve violations of shareholder rights, prompting shareholders to understand their rights and options.
- Merger Transaction Review: Allegiant Travel Company's merger with Sun Country Airlines will result in Allegiant shareholders owning approximately 67% of the combined company, with Halper Sadeh LLC assessing the fairness of the transaction and its impact on shareholders.
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- Equity Distribution in Merger: The merger between Mission Produce, Inc. and Calavo Growers, Inc. is expected to result in Mission shareholders owning approximately 80.3% of the combined entity, with Halper Sadeh LLC investigating the potential implications and protections for shareholder rights.

- Shareholder Rights Investigation: Halper Sadeh LLC is investigating RAPT Therapeutics, Inc.'s sale to GSK plc for $58.00 per share, which may infringe on shareholder rights, prompting shareholders to understand their rights and options.
- Merger Transaction Review: Allegiant Travel Company’s merger with Sun Country Airlines will result in Allegiant shareholders owning approximately 67% of the combined entity, and Halper Sadeh LLC may seek increased consideration and additional disclosures.
- Cash Acquisition Scrutiny: Lisata Therapeutics, Inc. is being sold to Kuva Labs, Inc. for $4.00 per share in cash plus two non-tradeable rights, and Halper Sadeh LLC is assessing whether this transaction aligns with shareholder interests.
- Equity Distribution in Merger: The merger between Mission Produce, Inc. and Calavo Growers, Inc. is expected to result in Mission shareholders owning about 80.3% of the combined company, with Halper Sadeh LLC potentially advocating for higher transaction consideration and additional shareholder benefits.

Potential Impact of Allegiant and Sun Country Merger: The merger between Allegiant Air and Sun Country Airlines could significantly reshape the competitive landscape in the airline industry, potentially leading to increased market share and operational efficiencies.
Front-Line Professionals' Perspectives: Insights from front-line professionals indicate that the merger may affect job security and operational dynamics, raising concerns about how it will impact employees and service quality.
Regulatory Considerations: The merger will likely face scrutiny from regulatory bodies, which will assess its implications for competition and consumer choice in the airline market.
Future Industry Trends: Analysts suggest that this merger could signal broader trends in the airline industry, including consolidation and strategic partnerships aimed at enhancing profitability and market reach.
- Merger Transaction Investigation: Halper Sadeh LLC is investigating the merger between Allegiant Travel Company and Sun Country Airlines, which, upon completion, will result in Allegiant shareholders owning approximately 67% of the combined entity, potentially impacting shareholder rights and future returns.
- Cash Acquisition Scrutiny: Eventbrite, Inc. is being sold to Bending Spoons for $4.50 per share in cash, and Halper Sadeh LLC may seek to increase the acquisition price or other compensations to ensure shareholders receive fair transaction terms.
- Shareholder Rights Protection: The merger between Coursera, Inc. and Udemy, Inc. is expected to result in Coursera shareholders owning approximately 59% of the combined company, prompting Halper Sadeh LLC to encourage shareholders to reach out to understand their rights and options to safeguard their interests.
- Legal Service Commitment: Halper Sadeh LLC offers legal services on a contingency fee basis, aiming to protect investors globally and assist them in addressing securities fraud and corporate misconduct, ensuring shareholder rights are upheld in merger transactions.
- Strong Operational Performance: Allegiant achieved an adjusted operating margin of 12.9% in Q4 2025, recognized as one of the best in the industry, demonstrating the effectiveness of its low utilization and flexible capacity model, thereby enhancing its competitive position in the aviation market.
- Robust Financial Metrics: The airline reported approximately $656 million in revenue for Q4, a 7.6% year-over-year increase, while full-year net income reached $70.3 million, translating to earnings of $3.80 per share, reflecting significant improvements in profitability.
- Advancements in Technology Modernization: The successful integration of MAX aircraft has delivered roughly a 20% fuel burn advantage, and as their share in the fleet increases, they are expected to provide meaningful support for margins, further driving the company's long-term growth strategy.
- Conservative Future Outlook: Management projects a first quarter 2026 adjusted operating margin of 13.5% and raises full-year EPS guidance to at least $8, although they adopt a more conservative growth strategy amid macroeconomic uncertainties to ensure a balance between profitability and growth.
- Q4 Performance: Allegiant Travel Company reported adjusted earnings per share of $2.72 for Q4, with revenue reaching $656.2 million, a 4.5% year-over-year increase, exceeding expectations by $9.8 million, and a 3.14% rise in share price indicates strong market performance.
- Q1 2026 Guidance: The company anticipates a year-over-year decline of approximately 5.7% in system available seat miles (ASMs) and scheduled service ASMs, with expected fuel costs at $2.60 per gallon, reflecting challenges in cost management.
- Full-Year Financial Outlook: For 2026, the forecast indicates a 0.5% year-over-year decline in both system ASMs and scheduled service ASMs, with fuel costs projected at $2.50 per gallon, highlighting market pressures the company may face in the coming year.
- Capital Expenditure Plans: Allegiant expects aircraft-related capital expenditures to range from $570 million to $590 million in 2026, with significant maintenance capital expenditures estimated between $80 million and $90 million, indicating ongoing investment in fleet expansion and maintenance.







