- Reuters•2 days ago
Alaska Air Group Inc agreed this week to give the U.S. Justice Department additional time to review its merger with Virgin America Inc, but the deal is still on track to close in the early part of the fourth quarter, an Alaska spokeswoman said Friday. Alaska Airlines reached an understanding with the U.S. regulator earlier this year not to close the merger prior to Sept. 30, which has not changed, the airline's spokeswoman Bobbie Egan said in a statement. "Given our largely complementary networks, the relative size of this merger compared to past airline combinations, and both Virgin America and Alaska's reputations for being customer service-focused airlines, we continue to feel confident that the (Justice Department) will agree that our combination will allow us to better compete against the Big Four airlines," Egan said, referring to American, Delta, United and Southwest.
- The Wall Street Journal•2 days ago
Alaska Air Group Inc. said Friday that it agreed to give the U.S. Justice Department “some additional time” to complete its antitrust review of the carrier’s planned merger with Virgin America Inc.
Alaska Air Group, Inc. (ALK)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||65.20 x 100|
|Ask||66.32 x 100|
|Day's Range||65.36 - 66.63|
|52wk Range||54.51 - 87.17|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||9.11|
|Avg Vol (3m)||1,474,817|
|Dividend & Yield||1.10 (1.67%)|