Summary by Moomoo AI
Alaska Air Group, Inc. reported on February 7, 2024, that it had received a Second Request for additional information from the Department of Justice's Antitrust Division regarding its planned merger with Hawaiian Holdings, Inc. This request is part of the ongoing antitrust review process under the Hart-Scott-Rodino Act. The Second Request extends the waiting period for the merger until 30 days after both companies have complied, unless the DOJ terminates the waiting period earlier. Alaska Air and Hawaiian Holdings intend to respond promptly to the request and continue cooperating with the DOJ to secure approval for the merger. The merger, initially announced on December 2, 2023, involves Alaska's subsidiary, Marlin Acquisition Corp., merging with Hawaiian Holdings, with the latter surviving as a wholly owned subsidiary of Alaska Air Group.