S&P 500 Gains and Losses Today: Alaska Air Drops After Hawaiian Airline Purchase
The recent rally for U.S. equities took a breather, with the S&P 500 losing 0.5%, amid questions about whether the markets will be able to sustain the runup through December.
Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals
The Justice Department has challenged a host of deals, including two airline partnerships in recent years.
Options Bears Target Airline Stock After Acquisition
Alaska Air Group Inc (NYSE:ALK) is in a tailspin today, after the company announced the acquisition of Hawaiian Airlines parent Hawaiian Holdings (HA) for $1.9 billion, including $900 million in debt.
Here's Why Hawaiian Stock Is Soaring and Alaska Air Is Falling After the 2 Airlines Announced a Merger
Alaska Air has a deal in place to acquire Hawaiian for $1.9 billion, a premium of more than 250% over the target's Friday close. Alaska has a decent track record as an acquirer, and the deal makes ...
Hawaiian Air's 2-year bonds soar 18% on news of Alaska Air takeover
Hawaiian Air's parent stock was up 186% on Monday after Alaska Air Inc. said it's acquiring the company at a massive 270% premium.
Alaska Airlines and Hawaiian Airlines CEOs break down $1.9 billion cash merger
Peter Ingram, Hawaiian Airlines CEO, and Ben Minicucci, Alaska Airlines CEO, join 'Squawk on the Street' to discuss how long both sides were talking about a merger, how to convince the White House ...
Alaska Airlines' Big Test: Hawaiian Airlines' Fleet And Brand Fusion
Both airlines have over 90 years of brand history but different offerings. A merger requires Alaska to integrate Hawaiian's mixed fleet and upscale onboard experience.
Midday Movers: Alaska Air Loses Altitude, Cruise Lines Get a Boost
U.S. equities began the new week lower at midday, as tech stocks fell to start the week after Friday's gains. The Dow, S&P 500, and Nasdaq all fell.
Alaska Air (ALK) Inks $1.9B Deal to Buy Hawaiian Airlines
The $1.9 billion deal, on closure, will boost Alaska Air's (ALK) fleet size considerably apart from offering other benefits.
Alaska Airlines Shares Drops, Hawaiian Airlines Soars on $1.9B Merger
Alaska Air Group (ALK) shares fell 14% while shares of Hawaiian Holdings (HA) nearly tripled in pre-market trading Monday after Alaska Air Group said it would buy Hawaiian Holdings for $1.9 billion.
Alaska Air to acquire Hawaiian Airlines; Hawaiian Holdings stock soars
Alaska Air Group (NYSE:ALK) Inc announced late Sunday an agreement to acquire Hawaiian Airlines, sending shares of its parent company, Hawaiian Holdings Inc, more than 180% higher in pre-market tra...
Alaska Air downgraded to market perform from strong buy at Raymond James as Hawaiian deal likely to weigh on sentiment
Alaska Airlines Inc. ‘s stock ALK, +5.08% was downgraded to market perform from strong buy by Raymond James on Monday, after it announced it would acquire Hawaiian Airlines parent Hawaiian Holdings...
Alaska Air to Acquire Rival Hawaiian for $1.9 Billion
Alaska Air Group Inc. will purchase rival Hawaiian Holdings Inc. in a $1.9 billion deal that includes $18 per share in cash and about $900 million of Hawaiian's debt. Siddharth Philip reports on Bl...
Alaska Airlines to buy Hawaiian Airlines for $1.9 bn
Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval.
Alaska Airlines Will Buy Hawaiian Airlines For $1.9 Billion—Faces Likely DOJ Scrutiny
Honolulu will become an Alaska Airlines hub and the combined airline will maintain the Hawaiian Air branding, the companies said.
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