Transportation
Alaska-Hawaiian Merger Decision Delayed to Mid-August
- Justice Department reviewing deal amid concerns on overlaps
- Airlines say deal would enable travelers to reach more places
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Antitrust enforcers looking into Alaska Air Group Inc.’s plan to buy Hawaiian Holdings Inc. will take more time to decide on the proposed $1.9 billion deal.
The Justice Department and state attorneys general now have until Aug. 15 to determine whether to try to block the tie-up or allow it to move forward, according to a company regulatory filing Tuesday. The airlines had originally sought a decision by Aug. 5, but agreed to an extension.