Alaska bodog sports betting app completes its acquisition of Hawaiian bodog sports betting app for .9 billion.
Retained by both parties (O’Melveny & Myers for Alaska bodog sports betting app and Wilson Sonsini Goodrich & Rosati for Hawaiian bodog sports betting app)
On September 18, 2024, Alaska Air Group (Alaska bodog sports betting app) completed its acquisition of Hawaiian Holdings (Hawaiian bodog sports betting app) 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 bodog sports betting app would acquire Hawaiian bodog sports betting app for .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.