ATSG Concludes Sale to Stonepeak, Ending Public Trading Era

Transaction Details and Shareholder Outcome

The acquisition of Air Transport Services Group (ATSG) by investment firm Stonepeak has been finalized, marking a significant shift for the cargo airline specialist. The multi-billion dollar transaction delivers a substantial premium to shareholders but simultaneously concludes the company’s tenure as a publicly traded entity on the NASDAQ exchange.

Under the terms of the agreement, Stonepeak is paying approximately $3.1 billion to acquire ATSG. Shareholders will receive $22.50 in cash for each share they own, a price that represents a significant premium over the trading level observed prior to the initial announcement of the deal. This cash payout serves as the final exit event for investors.