Has a precedent been set?
Sunday surprise: Alaska Airlines announces intent to acquire Hawaiian Airlines
03.12.2023 - 19:51 / thepointsguy.com / U.S.Airlines / Hawaiian Airlines / Airlines
Alaska Airlines and Hawaiian Airlines said on Sunday that they would combine, the latest U.S. airlines seeking to grow and compete via merger.
Under the agreement, Alaska Airlines would acquire Hawaiian for $18 per share, or roughly $1.9 billion.
This is a developing story. Check back for updates.
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