“Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal”
July 8, 2024
“Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the plane maker has said will improve safety and quality control.
It said it agreed to pay $37.25 a share in Boeing stock for Spirit, giving the plane supplier an equity value of $4.7 billion. Including Spirit’s debt the deal has a transaction value of $8.3 billion Boeing said. Spirit’s shares closed Friday at $32.87 a share, a market capitalization of about $3.8 billion….”
https://www.cnbc.com/2024/07/01/boeing-to-buy-spirit-aerosystems.html