MINNEAPOLIS-ST. PAUL

Allegiant to acquire Minnesota-based Sun Country in deal worth $1.5 billion

Allegiant (Instagram)(FOX 9) — A major merger to create a leading leisure-focused U.S. airline. Allegiant will acquire Sun Country in a cash and stock transaction valued at around $1.5 billion. The combined company will maintain a significant presence in Minneapolis-St. Paul, where Sun Country is based, while being headquartered in Las Vegas. The combined airline will offer more than 650…