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Report Indicates Alaska Air Likely To Win Virgin America Auction

"The Wall Street Journal" was among the first with the news, writing Alaska Air “has emerged as the likely winner of an auction for Virgin America ... after beating a rival bid by JetBlue Airways.” Alaska Airlines would pay about $2 billion for the acquisition. Still, the "Journal" suggests the tie-up is far from certain: “There is no guarantee Alaska Air ultimately will clinch the deal, but if it does, an announcement could come Monday.”

Read the whole story at USA Today »

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