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Takeover

World news about “Takeover” published by euronews.

04/04 14:05 CET

Alaska Air to buy Virgin America in 2.3 billion euro deal

Alaska Air to buy Virgin America in 2.3 billion euro deal

Alaska Air Group says it has agreed to buy Virgin America for almost 2.3 billion euros. It wants to expand its presence on the US West Coast. Alaska’s offer of just over 50 euros per share in cash represents a premium of about 47 percent to Virgin’s Friday…