Acquisition Latest News: Delta, Virgin Atlantic to Cross-Sell Tickets

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Acquisition Latest News: Delta, Virgin Atlantic to Cross-Sell Tickets

by Wochit 0:55 mins

Acquisition Latest News: Delta, Virgin Atlantic to Cross-Sell Tickets

by Wochit 0:55 mins

Delta Air Lines said that it has completed its purchase of a 49 percent stake in British airline Virgin Atlantic and added the two carriers plan to start cross-selling seats on each other's flights in July. The European Commission has approved InterContinental Exchange's proposed $8.2 billion takeover of New York Stock Exchange Euronext, saying the two are not direct competitors in most markets and will continue to face strong competition. Hospital operator Tenet Healthcare Corp will buy smaller rival Vanguard Health Systems Inc for $4.3 billion including debt to expand into new geographies. The companies said the deal includes the assumption of $2.5 billion of debt.

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