Lawsuit Seeks to Block Alaska Airlines’ $4 Billion Acquisition of Virgin
On behalf of a group of more than 40 consumers, a San Francisco law firm is trying to stop a $4 billion merger between Alaska Airlines and Virgin America. The plaintiffs argue the deal would weaken competition in the industry, causing job loss and higher fare prices. Alaska Airlines announced on Aug. 4 that it would acquire Virgin America to create the West Coast’s “premier …