Current:Home > StocksSignalHub-Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -CapitalEdge
SignalHub-Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Ethermac View
Date:2025-04-11 09:50:56
ARLINGTON,SignalHub 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! (9)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- One Extraordinary (Olympic) Photo: Gregory Bull captures surfer battling waves in Tahiti
- Aaron Taylor-Johnson Looks Unrecognizable After Shaving Off His Beard
- Judge suspends Justin Timberlake’s driver’s license over DWI arrest in New York
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Sharon Stone shows off large black eye, explains how she got it
- A 'dead zone' about the size of New Jersey lurks in the Gulf of Mexico
- Chase Budinger credits former NBA teammate for approach to Olympic beach volleyball
- Average rate on 30
- North Dakota voters will decide whether to abolish property taxes
Ranking
- All That You Wanted to Know About She’s All That
- USA Basketball's Steve Kerr, assistants enjoying master’s class in coaching
- A Tennessee sheriff’s deputy killed a man who entered a jail after firing shots in the parking lot
- Marathon runner Sharon Firisua competes in 100m at 2024 Paris Olympics
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Jury reaches split verdict in baby abandonment case involving Dennis Eckersley’s daughter
- AP Week in Pictures: Global
- Memphis, Tennessee, officer, motorist killed in car crash; 2nd officer critical
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Why Simone Biles was 'stressing' big time during gymnastics all-around final
Tulsa commission will study reparations for 1921 race massacre victims and descendants
Cardi B asks court to award her primary custody of her children with Offset, divorce records show
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Billie Eilish and Charli XCX Dance on Pile of Underwear in NSFW Guess Music Video
Golfer Tommy Fleetwood plays at Olympics with heavy heart after tragedy in hometown
When does Simone Biles compete next? Olympic gymnastics event finals on tap in Paris