Current:Home > MyBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Aspire Money Growth
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-18 01:27:24
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! (8356)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Chad Daybell guilty of murdering wife, two stepchildren in 'doomsday' case spanning years
- ‘Ayuda por favor’: Taylor Swift tells workers multiple times to get water to fans in Spain
- Pam Grier is comfortable with being an icon
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Will and Jada Pinkett Smith Make First Joint Red Carpet Appearance Since Separation Announcement
- The Best Linen Staples for an Easy, Breezy, Beautiful Summer
- Boeing firefighters ratify a contract with big raises, which they say will end a three-week lockout
- Buckingham Palace staff under investigation for 'bar brawl'
- Machete attack in NYC's Times Square leaves man seriously injured; police say 3 in custody
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Reading the ‘tea leaves': TV networks vamp for time during the wait for the Donald Trump verdict
- After several setbacks, Boeing will try again to launch its crewed Starliner on Saturday
- Feds say 13-year-old girl worked at Hyundai plant in Alabama
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Trump trial jury continues deliberations in hush money case
- Mel B's Ex-Husband Stephen Belafonte Files $5 Million Defamation Lawsuit Against Her
- Sarah McLachlan struggled to find musical inspiration as a 'wealthy, middle-aged white woman'
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Kourtney Kardashian Reveals She and Travis Barker Keep Vials of Each Other’s Blood
Jax Taylor Addresses Dating Rumors After Being Spotted With Another Woman Amid Brittany Cartwright Split
Jury finds Chad Daybell guilty on all counts in triple murder case
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Medline recalls 1.5 million bed rails linked to deaths of 2 women
Eminem takes aim at Megan Thee Stallion, Dr. Dre and himself with new song 'Houdini'
How many points did Caitlin Clark score last night? Fever routed at home by Storm