ATSG Stockholders Approve Proposed Merger with Stonepeak
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2025
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Source: Newsfilter
Merger Approval: Air Transport Services Group, Inc. (ATSG) stockholders have approved a merger with Stonepeak, which will result in ATSG becoming a privately held company and its shares being delisted from NASDAQ, with shareholders receiving $22.50 per share upon closing.
Transaction Details: The merger is expected to close in the first half of 2025, pending regulatory approvals and other customary conditions, while ATSG continues to operate as a leader in aircraft leasing and air transport services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
