Spirit AeroSystems Receives IRS Ruling on Tax Treatment for Proposed Merger with Boeing
Spirit AeroSystems Holdings Inc. has announced that it received a private letter ruling from the Internal Revenue Service regarding the tax treatment of its proposed merger with The Boeing Company and Sphere Acquisition Corp. This ruling confirms certain tax aspects of the merger, which was agreed upon on June 30, 2024. The merger process, involving the exchange of Spirit common stock for Boeing common stock, is moving forward with expectations that it will be reported for U.S. federal income tax purposes in line with the IRS's ruling.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spirit AeroSystems Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-047306), on May 12, 2025, and is solely responsible for the information contained therein.
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