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Alaska Air Merger With Hawaiian Clears DOJ Hurdle
HAHawaiian Holdings(HA) Investopedia·2024-08-20 15:01

Key TakeawaysAlaska Air Group said the deadline for the U.S. Department of Justice (DOJ) to review its $1.9 billion purchase of Hawaiian Holdings expired, moving the deal closer to completion.The merger had been delayed as the DOJ looked into possible antitrust issues.The carrier said only the Department of Transportation (DOT) remains to approve the acquisition. Shares of Hawaiian Airlines parent Hawaiian Holdings (HA) took off Tuesday after the U.S. Department of Justice (DOJ) chose not to block Alaska Ai ...