Market Chatter: Blackstone Said to Agree to Buy Allegiant's Sunseeker Resort for $200 Million-February 2024-www.financetom.com

Market Chatter: Blackstone Said to Agree to Buy Allegiant's Sunseeker Resort for $200 Million

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Market Chatter: Blackstone Said to Agree to Buy Allegiant's Sunseeker Resort for $200 Million

Jul 7, 2025 5:38 AM

08:12 AM EDT, 07/07/2025 (MT Newswires) -- Blackstone (BX) has agreed to buy Allegiant Travel's ( ALGT ) Sunseeker Resort for around $200 million, Bloomberg reported Monday, citing people familiar with the matter.

A deal for Sunseeker, which reportedly cost Allegiant $720 million, could be announced as soon as Monday, the sources told Bloomberg.

Blackstone and Allegiant did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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