Alaska Air Group.

AuthorAnderson, Tasha
PositionInside Alaska Business

Alaska Air Group, Inc., parent company of Alaska Airlines and Virgin America, Inc., today announced that their boards of directors have unanimously approved a definitive merger agreement, under which Alaska Air Group will acquire Virgin America for $57 per share in cash. Including existing Virgin America indebtedness and capitalized aircraft operating leases, the aggregate transaction value is approximately $4 billion. With an expanded West...

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