Alaska Air Group Inc. is buying Virgin America in a deal worth more than $2 billion, creating a powerhouse airline with an expanded West Coast presence. Alaska Air will pay $57 in cash per Virgin America share. That’s a 47 percent premium to its...
THE ASSOCIATED PRESS, The Press-Enterprise
Mon, 04/04/2016 - 5:21am
Alaska Air Group Inc. is buying Virgin America in a deal worth more than $2 billion, creating a powerhouse airline with an expanded West Coast presence. Alaska Air will pay $57 in cash per Virgin America share. That’s a 47 percent premium to its...