Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to buy rival budget airline Sun Country in .5 billion cash and stock deal

An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the … Read more