Hawaiian Airlines and Alaska Airlines have achieved a significant milestone in Alaska’s proposed acquisition of the local airline, as reported by KHON-TV in Honolulu tonight. According to stock filings on Tuesday, the airlines have indicated that they have met a second request from the Department of Justice for more comprehensive information and materials.
This compliance is crucial as it pertains to the ongoing antitrust lawsuit seeking to prevent the merger between Alaska and Hawaiian.
The US Department of Justice (DOJ) ordered the two airlines in February to produce documents relevant to the merger for antitrust officers to review
The airlines have mutually agreed to refrain from finalizing the agreement before a period of 90 days has passed since both parties have confirmed significant adherence unless they receive written notification from the Department of Justice in advance that the regulatory authorities have concluded the investigation into the merger.
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