Mergers & Acquisitions
Apr. 6, 2016
Alaska Air to buy Virgin America for $2.6B
Deal will create the fifth largest air carrier in the US. O'Melveny & Myers LLP advised Alaska and Latham & Watkins LLP advised Virgin America
Daily Journal Staff Writer
In a move that will create the country's fifth largest air carrier, Alaska Air Group Inc. announced Monday that it plans to buy Virgin America Inc. for $2.6 billion.
An O'Melveny & Myers LLP deal team advised Alaska Air and Latham & Watkins LLP is handling the transaction for Virgin, the brainchild of business magnate Richard Branson.
The deal is expected to close ...
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