Boeing offers to buy 737 supplier for $35/share

By Reuters

Jun 26, 2024 12:29 am

BOEING has offered to acquire Spirit AeroSystems Holdings in a deal funded mostly by stock that values its key supplier at about $35 per share, Bloomberg News reported on Monday, citing people familiar with the matter.

This offer represents a premium of nearly 6 percent over Spirit's stock closing price of $33.07 on Monday and a 22.4 percent upside to its closing price on February 29, the day before Boeing's takeover talks became public.

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