- Speculation over a merger between Delta Air Line (DAL +0.6%) and Alaska Airline (ALK -2.1%) has cooled off today.
- Cowen says the two carriers have too much overlap for the DOJ to sign off on a deal, while other firms think the 66% YTD runup in shares of ALK have pushed a merger premium a bit too high.
Analysis: Delta and Alaska Air merger unlikely
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Symbol | Last Price | % Chg |
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DAL | - | - |
Delta Air Lines, Inc. |