Virgin

Reportedly Alaska Air Close to a $2 billion Acquisition Deal for Virgin America

Reportedly Alaska Air Close to a $2 billion Acquisition Deal for Virgin America

On Saturday, reports said that Alaska Air Group Inc is close to settling a deal to buy Virgin America Inc. Virgin is the ninth biggest airline in the United States by passenger traffic. The deal is expected to be for greater than $2 billion. The bid surpassed the offer from JetBlue Airways Corp.

The acquisition would ushering the first commercial airline merger in the United States after US Airways and American Airlines merged in 2013. It formed the largest carrier in the world.

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Virgin to launch magazine for iPad

Sir Richard Branson's Virgin is planning to enter the iPad publishing market with the launch of a magazine for Apple's tablet computer next week.

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Virgin evaluating its high-speed internet network for Wi-Fi hotspots

Virgin

UK Internet Service Provider, Virgin Media is evaluating its super-fast broadband cable network for creating a public wi-fi hotspot network.

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