Alaska Air says making 'good progress' on Virgin merger review
Alaska Air Group Inc (ALK.N) was making "good progress" in talks with the Justice Department on a planned merger with Virgin America Inc (VA.O), an Alaska spokeswoman said on Friday.
The Seattle-based company had said previously that it would not close its deal with Virgin before Oct. 17, and spokeswoman Bobbie Egan declined to spell out what would happen after that date.
"We're good. We're making good progress with the DOJ (U.S. Justice Department) and we're looking at closing in early Q4," said Egan.
She declined to discuss potential sticking points. "I'm not... read more
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