Justice Department in talks with Alaska Air on Virgin deal: sources

Justice Department in talks with Alaska Air on Virgin deal: sources
 

Alaska Air Group Inc (ALK.N) pressed on with talks with the U.S. Justice Department to reach a deal for approval to buy Virgin America Inc (VA.O), two people close to the matter said Monday as a deadline for the government to complete the merger review passed.
The late-stage discussions included the possibility of Alaska jettisoning part of one or more code-sharing agreements it has with larger U.S. carriers as a concession for winning antitrust approval, one of the people said. Alaska Air and Virgin America had agreed not to close their merger until Oct. 17 so the Justice Department could... read more

 
18 October 2016 in Science &Technology, Views: 44
Source: Reuters
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