"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 »