Hawaiian Holdings shareholders approve merger agreement with Alaska Air Group.9bn, pending regulatory approvals.

Hawaiian Holdings shareholders have approved the merger agreement with Alaska Air Group, marking a significant step towards combining the two airlines. The $1.9 billion deal, announced on December 3, 2023, involves Alaska Airlines acquiring Hawaiian Airlines for $18 per share, including $900 million of Hawaiian Airlines' net debt. The transaction is subject to regulatory approvals and other closing conditions, but is anticipated to be completed within 12 to 18 months.

February 16, 2024
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