Alaska Airlines completes bodog sports betting app its acquisition of Hawaiian Airlines for $1.9 billion.
Retained by both parties (O’Melveny & Myers for Alaska Airlines and Wilson Sonsini Goodrich & Rosati for Hawaiian Airlines)
On September 18, 2024, Alaska Air Group (Alaska Airlines) completed bodog sports betting app its acquisition of Hawaiian Holdings (Hawaiian Airlines) after the Department of Justice (DOJ) and the Department of Transportation (DOT) completed their regulatory investigation and allowed the transaction to close.
The parties announced in December 2023 that they had reached an agreement under which Alaska Airlines would acquire Hawaiian Airlines for $1.9 billion. Counsel for the merging parties jointly retained Cornerstone Research to support Gautam Gowrisankaran of Columbia University through the regulatory review process. Professor Gowrisankaran analyzed the competitive effects of the merger and presented his findings to the agencies. Cornerstone Research also supported both parties in their responses to DOJ’s Second Request.