Deal Dispatch: GoPro Retains Houlihan Lokey In Strategic Review, Brookfield Buys World Freight Company, YesCare Corp. Bankruptcy

GoPro has retained financial advisers to explore a potential sale following unsolicited inquiries. Brookfield Asset Management acquired World Freight Company for $1.2 billion. Multiple companies announced strategic reviews including Neuphoria Therapeutics and XBP Global Holdings. YesCare Corp. and Spanish Broadcasting System filed for Chapter 11 bankruptcy. Other notable deals include Allegiant's $1.5 billion acquisition of Sun Country Airlines, LVMH's sale of Marc Jacobs for $850 million, and Cantaloupe Inc.'s acquisition by 365 Retail Markets for $848 million.

05/15/2026, 2:44 PM • Benzinga

Alignment Healthcare Set to Join S&P SmallCap 600

Alignment Healthcare Inc. (ALHC) will be added to the S&P SmallCap 600 index effective May 14, 2026, replacing Sun Country Airlines Holdings (SNCY). The replacement follows Allegiant Travel Co.'s acquisition of Sun Country Airlines, which is expected to close soon.

05/11/2026, 6:21 PM • Benzinga

Halper Sadeh LLC Encourages VTYX and SNCY Shareholders to Contact the Firm to Discuss Their Rights

Halper Sadeh LLC, an investor rights law firm, is investigating potential securities law violations and fiduciary duty breaches related to Ventyx Biosciences' $14.00 per share sale to Eli Lilly and Sun Country Airlines' acquisition by Allegiant Travel Company for 0.1557 shares plus $4.10 cash per share. The firm seeks increased consideration for shareholders and additional transaction disclosures.

01/21/2026, 2:42 PM • GlobeNewswire

$HAREHOLDER ALERT: The M&A Class Action Firm Is Investigating The Merger—ALGT, SNCY, CVGW, and AVO

Monteverde & Associates PC is investigating four merger transactions: Allegiant Travel Company's merger with Sun Country Airlines Holdings, and Calavo Growers' merger with Mission Produce. The firm is examining whether shareholders are receiving fair value in these proposed deals.

01/20/2026, 6:51 PM • GlobeNewswire

Why Sun Country Airlines Stock Climbed Today

Allegiant Travel announced an acquisition of Sun Country Airlines for approximately $1.5 billion, or $18.89 per share in cash and stock, representing a nearly 20% premium. The merger is expected to create a more diversified and efficient airline with $140 million in potential annual cost synergies by year three, with the deal projected to close in the second half of 2026.

01/12/2026, 5:15 PM • The Motley Fool

This 100-Year-Old Stock Market Theory Is Flashing A Buy Signal Again

Dow Theory, a century-old market framework, has triggered a rare buy signal as both the Dow Jones Industrial Average and Dow Jones Transportation Average reached new highs simultaneously. Historically, such signals have preceded 11.1% average 12-month returns in the S&P 500, with stocks finishing higher 83% of the time. Transportation stocks have recently outperformed, with several names posting significant gains over the past three months.

01/12/2026, 3:07 PM • Benzinga

SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY)

Monteverde & Associates PC, a class action securities firm, has announced an investigation into Sun Country Airlines Holdings, Inc. regarding its proposed acquisition by Allegiant Travel Company. Under the deal terms, Sun Country shareholders would receive 0.1557 shares of Allegiant common stock and $4.10 in cash per share. The firm is investigating whether the transaction represents a fair deal for shareholders.

01/12/2026, 1:38 PM • Benzinga

Allegiant To Buy Sun Country In $1.5 Billion Deal

Allegiant Travel Company announced a definitive agreement to acquire Sun Country Airlines Holdings Inc. for approximately $1.5 billion in a cash-and-stock deal. The combined company would serve 22 million passengers annually across 175 cities with 650+ routes. Allegiant expects $140 million in annual synergies by year three and projects EPS accretion in the first full year. The deal is expected to close in H2 2026, pending regulatory and shareholder approvals.

01/12/2026, 9:11 AM • Benzinga

Airline Stocks 2026 Outlook: BofA Upgrades Allegiant (ALGT), Cuts Frontier

Bank of America Securities upgraded Allegiant Travel to Neutral and raised Alaska Air Group's price target to $70, citing positive 2026 airline outlook driven by limited capacity growth and strong premium demand. However, the firm downgraded Frontier Group to Underperform due to higher expenses and maintained an Underperform rating on JetBlue. Delta and United are expected to lead in free cash flow generation.

01/06/2026, 3:16 PM • Benzinga

What 7 Analyst Ratings Have To Say About Allegiant Travel

Allegiant Travel, a leisure travel company, has received mixed analyst ratings with an average 12-month price target of $61.29. The company shows positive revenue growth and effective asset utilization, but faces challenges with profitability and return on equity.

09/26/2025, 10:01 AM • Benzinga