ABU DHABI / WAM Investment in the UAE’s tourism sector is increasingly attracting entrepreneurs, underpinned …
Read More »Alaska bets on bulk with $2.6bn Virgin America acquisition
Bloomberg From an initial overture five months ago through a two-day bidding war last week, Alaska Air Group Inc. was determined to acquire Virgin America Inc. as a means toward national expansion – and protection from larger rivals. The combination boosts Alaska’s West Coast might with greater access to California, while providing more service to flight-constrained East Coast cities such …
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