Alaska Air Close to Deal With DoJ on Virgin Merger

The airline industry might be on the brink of its latest high-profile merger. The planned tie-up of Alaska Air Group (NYSE: ALK) and Virgin America (NASDAQ: VA) is one step closer to becoming reality, according to a recent media article. Bloomberg, citing “people familiar with the matter,” is reporting that Alaska Air is close to a settlement with the Department of Justice’s antitrust division that would clear the path for the merger. …read more

Read more here: Alaska Air Close to Deal With DoJ on Virgin Merger

Category: ALK, VA

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