On March 16, 2026, Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) and Allegiant Travel Company (NASDAQ: ALGT) jointly announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. This marks a significant step forward in the proposed merger between the two airlines, which aims to create a stronger leisure-focused airline with a broader network and more travel options for customers. The merger is still subject to customary closing conditions, including approval from the U.S. Department of Transportation and the shareholders of both companies. Allegiant's CEO, Greg Anderson, expressed confidence that the merger will deliver meaningful benefits for customers and shareholders alike. The transaction is now expected to close in the second or third quarter of 2026, pending the fulfillment of these conditions. The joint press release detailing this announcement is attached as Exhibit 99.1 to the Form 8-K filed with the SEC.
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