Reported about 1 year ago
Boeing has proposed to acquire Spirit AeroSystems Holdings Inc. in a deal mainly funded by stock, valuing the supplier at around $35 per share. This offer represents a premium of about 6% to Spirit's stock price as of Monday's close and a 22% increase from its closing price on the day before Boeing's takeover talks were made public. The deal, which includes some cash and involves Spirit spinning off some manufacturing plants to Airbus SE, is expected to be announced soon, easing some financial pressure on Boeing.
Source: YAHOO