Boeing’s Spirit Aero Bid Values 737 Supplier at $35 a Share
- Planemaker switches to stock offer for former unit from cash
- Change in funding plan comes after months of negotiations
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Boeing Co. has offered to acquire Spirit AeroSystems Holdings Inc. for about $35 a share in a deal funded mostly with stock, according to people familiar with the matter.
The latest proposal represents a switch from Boeing’s plan to fund an all-cash offer after months of talks between the companies, said the people, who asked not to be identified discussing the confidential matter.