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Numerous Publications Cover O’Melveny’s Role in Alaska Air DealApril 04, 2016
Numerous outlets, including Bloomberg, The Deal, Forbes, Law360, and The New York Times, reported on April 4, 2016 that O’Melveny represented Alaska Air Group, Inc. in its agreement to acquire Virgin America for US$57 per share in cash, a deal that is valued at $4 billion including debt and aircraft lease obligations.
In its story, “Alaska Airlines Parent to Buy Virgin America for $2.6 Billion in Cash,” the Times noted that the merger would “expand Alaska Airlines’ presence in the lucrative California market, particularly in San Francisco and in Los Angeles, one of Alaska Airlines’ hubs.”
The O’Melveny team was led by partners Andor Terner and Paul Scrivano, counsel John Raney and Tania Moayedi, and associates Michael Reynolds, Brennen Brodersen, and Jessica Lee. Partners Bob Siegel and Chris Hollinger advised on labor matters; partners Rich Parker, Ben Bradshaw, and Courtney Dyer on regulatory matters; partner Jeff Walbridge and senior counsel Warren Fox on benefits matters; and partner Andy Dolak on intellectual property matters.