Milbank LLP represented Sun Country Airlines in connection with its previously announced approximately $1.5 billion cash and stock acquisition by Allegiant (NASDAQ: ALGT). The transaction closed following satisfaction of customary closing conditions, including receipt of required regulatory approvals and approval by both Allegiant and Sun Country shareholders.
The Milbank team was led by Global Corporate/M&A partner Iliana Ongun, Transportation and Space Practice Group Leader and partner Alexandra Johnson, Corporate Finance and Securities partner Brett Nadritch and Antitrust partner Grant A. Bermann.
Milbank is widely recognized for market-leading expertise in M&A, public company representations and aviation finance and leasing, advising on complex, high-profile deals across industries. Named Airline Economics “Firm of the Year” for the last four years, Milbank continues to strengthen its position as a leading advisor to the largest aviation companies in the world.
The deal team also included Global Corporate/M&A partner Scott W. Golenbock, associates Leslie Hamic, Jackie Karol, Claire McGuinness and Jordan Pool and law clerks Claire Jones and Sofie Tabernilla; Corporate Finance and Securities partner Antonio L. Diaz-Albertini and associates Allison Mahoney and Mackenzie Martin; Transportation and Space associates Ariella Stepanian and Peter Brigham; Antitrust partner Richard Parker, special counsel Kelly Dodge Garcia and associate John Ceccio; Tax partner Max A. Goodman and special counsel Michael Rivkin; Executive Compensation and Employee Benefits partners Mike Shah and Kelly Bartley, special counsel Dustin Stark and associate Shirley Ureña; and Intellectual Property special counsel John Garces.
