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Stock impact report

Hawaiian Air shareholders approve proposed acquisition by Alaska, but other steps needed [Yahoo! Finance]

Hawaiian Holdings, Inc. (HA) 
Last hawaiian holdings, inc. earnings: 1/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Alaska Airlines' proposed acquisition of Hawaiian Airlines met a critical milestone Friday when a "substantial majority " of shareholders of the local airline, which dates back to 1929, approved the deal. The boards of directors for both air carriers on Dec. 2 approved Alaska Airlines' purchase of Hawaiian Airlines in a $1.9 billion deal, which includes $900 million in Hawaiian debt. However, the blessing of Hawaiian stockholders was necessary to complete the transaction, which is expected to take 12 to 18 months. Following a special virtual stockholder meeting held Friday afternoon, Hawaiian Holdings Inc., parent company of Hawaiian Airlines, announced the preliminary approval and said it would file the final voting results, as tabulated by an independent inspector of elections, on a Form 8-K with the U.S. Securities and Exchange Commission. If the merger is approved, Hawaiian shareholders are set to receive a premium of $18 in cash per share. Hawaiian Holdings closed at $14 a s Show less Read more
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