MILWAUKEE, Jan. 13, 2026 /PRNewswire/ — Ademi LLP is investigating Sun Country (NASDAQ: SNCY) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Allegiant Travel.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, Sun Country stockholders will be entitled to receive 0.1557 shares of Allegiant Travel common stock and $4.10 in cash for each Sun Country share owned at an implied value of $18.89 per Sun Country share. he transaction values Sun Country at approximately $1.5 billion, inclusive of $0.4 billion of Sun Country’s net debt. Upon closing, Allegiant and Sun Country shareholders will own approximately 67% and 33%, respectively, of the combined company Sun Country insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Sun Country by imposing a significant penalty if Sun Country accepts a competing bid. We are investigating the conduct of the Sun Country board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP
