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Stonepeak Completes Acquisition of ATSG

1. ATSG completed a $3.1 billion acquisition by Stonepeak, enhancing its growth potential.

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$22.4804/11 10:34 AM EDTEvent Start
$22.4804/14 10:47 AM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition suggests increased financial stability and resources for ATSG, reinforcing growth pathways similar to historical instances where firms received capital infusion from acquisitions.

How important is it?

The acquisition directly influences ATSG's operational capabilities and investor sentiment, likely improving its market standing.

Why Short Term?

Immediate investor confidence can surge post-acquisition, reminiscent of rapid stock shifts seen in similar transactions.

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WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (“ATSG”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the completion of its acquisition by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. “Today marks an important milestone in ATSG's journey,” said Mike Berge.

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