Boeing offers to acquire Spirit Aero for $35 per share: BBG

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Spirit Aerosystems News

Boeing,Brad Smith,Seana Smith

Boeing (BA) has made an all-cash offer to acquire Spirit AeroSystems (SPR) for $35 per share, according to Bloomberg reports. Spirit originally spun off from...

Boeing is reportedly offering to acquire Spirit error systems in a deal consisting of mostly stock, valuing the company at around $35 per share, according to Bloomberg.This is significant, especially as you continue to really evaluate what this would mean for Boeing trying to bring even more of a handle over its manufacturing operation and, of course, in Spirit AeroSystems.

But Aero Airbus is trying to get its at least part of the spirit Aero Systems Manufacturing and Boeing is going to end up with the more outsized share and the kind of lions share of what Spirit AeroSystems is for their own manufacturing its, uh, aircraft going forward here. Stock price Now $35 per share price represents a premium of about 6% to where it closed yesterday and Monday is closed, but 22% upside to it closing price on February 29th.So we have seen a bit of a rise here and again.

Boeing Brad Smith Seana Smith

 

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