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UPDATE 1-Alaska Air nears deal to buy Virgin America for over $2 bln -source

2016-04-02 21:58:55| Airlines - Topix.net

Alaska Air Group Inc is nearing a deal to acquire Virgin America Inc for more than $2 billion, having outbid JetBlue Airways Corp, a person familiar with the matter said on Saturday. Earlier, The Wall Street Journal said Alaska Air had emerged as the likely winner of an auction for Virgin America, citing people familiar with the matter.

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