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.
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