Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
The brands of both airlines would be preserved after the merger, which is unique in an industry where decades of acquisitions have left only four big carriers dominating the U.S. market. Alaska Air and Hawaiian Holdings, the parent company of Hawaiian Airlines, said in regulatory filings with the Securities and Exchange Commission Tuesday that the review period for the Justice Department, which had already been extended several times, expired just after midnight.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOTThe Justice Department didn't file a suit seeking to block the tie-up between Alaska and Hawaiian, but still have to face the DOT.
Source: CNBC - 🏆 12. / 72 Read more »
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOTThe Justice Department didn’t file a suit seeking to block the tie-up between Alaska and Hawaiian, but still have to face the DOT.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Alaska Air clears a very big hurdle in its proposed merger with Hawaiian AirlinesAlaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
Source: ksatnews - 🏆 442. / 53 Read more »
Alaska Airlines, Hawaiian merger clears US DOJ reviewAlaska Airlines said its proposed merger with Hawaiian Airlines has been cleared just days after it agreed to extend a review period of the $1.9 billion deal.
Source: cnnbrk - 🏆 393. / 55 Read more »
Department of Justice review period extended for Alaska, Hawaiian Airlines mergerA press release from Alaska Airlines says the original review period set to expire Aug. 5 will be extended an additional ten days to Aug. 15.
Source: AKNewsNow - 🏆 460. / 53 Read more »