Allegiant is Buying MN’s Sun Country Airlines for $1.5B

(Undated) — Allegiant is buying Minnesota’s Sun Country Airlines for one-point-five billion dollars. The deal was finalized on Wednesday, ending Sun Country’s 43-year run as a local airline. The outcome was expected after shareholders from both airlines approved the deal last week. Executives say the two will continue to fly under separate banners for at least several months while waiting for final federal approval. The plan is to eventually drop the Sun Country name and operate as Allegiant.

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