New developments emerge in Hawaiian-Alaska merger case
HONOLULU (HawaiiNewsNow) - New developments are emerging from the proposed merger of Alaska and Hawaiian Airlines, including the government’s decision to extend the deadline to accept or reject the merger.
It’s the third time the government has agreed to give an extension. But this time, the deadline was extended by just one day — moving it from Thursday to Friday — suggesting some last minute talks are underway.
Meanwhile, a Department of Justice attorney who previously argued against the Spirit-JetBlue merger, is said to have filed papers to address the court in Hawaii.
Also, a U.S. judge has dismissed a lawsuit that sought to block the merger.
What it all means, no one is quite sure.
But Hawaiian stock rose 6% on Wednesday and Alaska’s fell 2%.
This story may be updated.
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