Cash is king: Alaska Air to acquire Virgin America in a $2.6bn deal

Alaska Air Group Inc., Market cap $10.23bn as of 15-04-16 Virgin America Inc., Market cap $2.45bn as of 15-04-16 About Alaska Air Group Inc. Alaska Air Group, Inc. is an airline holding company founded in 1985 and based in SeaTac, Washington that mainly serves the Pacific Northwest and Alaska. It currently owns two American carriers, […]

Liberty Global-Virgin Media: smart use of cheap debt… or not?

Liberty Global mkt cap (as of 15/02/13) : $16.6 bn Virgin Media mkt cap (as of 15/02/13) : $12.15 bn On the 6th of February Liberty Global officially announced a $23.3 bn bid for the takeover of Virgin Media in a mixed cash and stock offer valuing the company at $47.87 per share, a 24% […]