Bay area lawsuit seeks to block Alaska Airlines from acquiring Virgin America
A group of 42 consumers has filed a lawsuit in the Bay area in a last-minute bid to block Alaska Airlines from purchasing rival Virgin America.
In a lawsuit filed in U.S. District Court in San Francisco, a lawyer for the plaintiffs described the deal as 'substantial and foreboding' and said it contributed to a growing trend of mergers involving large airlines, according to a report in the Las Vegas Sun.
Seattle-based Alaska Air Group (NYSE: ALK) announced its plans in April to buy Virgin America...