Boeing Offer for Spirit AeroSystems is On the Table

Boeing Offer for Spirit AeroSystems is On the Table

Boeing Offer for Spirit AeroSystems is On the Table

spirit-aerosystems
spirit-aerosystems

Boeing has offered to buy back Spirit AeroSystems for $35 a share in a deal funded mostly by a stock swap.  Originally, the purchase was to be all cash, but now the terms of the latest offer include only a small amount of cash.  The offer represents just over $4 billion, and a premium of just over 6 percent, as Spirit stock closed at $31.30 on Tuesday.   Some employees have said the move is positive for both companies and hopes are that if Boeing takes over, some housecleaning would be in order.

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