Current:Home > InvestNovaQuant Quantitative Think Tank Center:Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Wealth Evolution Experts
NovaQuant Quantitative Think Tank Center:Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Burley Garcia View
Date:2025-04-11 03:40:15
ARLINGTON,NovaQuant Quantitative Think Tank Center 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! (84)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Scarlett Johansson says 'Poor Things' gave her hope for 'Fly Me to the Moon'
- Group sues federal government, claims it ignores harms of idle offshore oil and gas infrastructure
- 'Kind of can't go wrong': USA Basketball's Olympic depth on display in win
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Group sues federal government, claims it ignores harms of idle offshore oil and gas infrastructure
- Free Slurpee Day: On Thursday, 7/11, you can get a free frozen drink at 7-Eleven. Here's how.
- Wisconsin election officials tell clerks best ways to operate absentee ballot drop boxes
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Kyle Richards Shares a Hack for Doing Her Own Makeup on Real Housewives of Beverly Hills Cast Trips
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 2 teen girls are killed when their UTV collides with a grain hauler in south-central Illinois
- Joe Biden has everyone worried. Let’s talk about aging, for real.
- 3 people fatally shot in California home. A person of interest is in custody, police say
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- RHOC's Shannon Beador Slams Tamra Judge for Lack of Support After DUI Arrest
- Jackass Star Steve-O Shares He's Getting D-Cup Breast Implants
- Businesswoman who complained about cartel extortion and illegal fishing is shot dead in Mexico
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Here’s how to watch Biden’s news conference as he tries to quiet doubts after his poor debate
Powerball winning numbers for July 10: Jackpot rises to $41 million
Iranian court orders US to pay $6.7 billion after sanctions allegedly stopped special bandage supply
Sonya Massey's father decries possible release of former deputy charged with her death
Starliner astronauts say they're 'comfortable' on space station, return still weeks away
Chrysler recalls 332,000 vehicles because airbag may not deploy during crash
Two 80-something journalists tried ChatGPT. Then, they sued to protect the ‘written word’