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 Friday closing price of $38.90. Virgin's shares rose...

BING NEWS:
  • American Airlines Upgrade, Alaska's Growth Plan Send Shares Higher
    American Airlines stock upgraded on improving Q4 outlook. Alaska Air rallies on strategic growth plan, new global hub, strong guidance.
    12/10/2024 - 12:19 am | View Link
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