Alaska Air Buys Virgin America

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.7 • 1.7K Ratings

🗓️ 4 April 2016

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Merger Monday (again!) lives up to its name with a $4 billion deal in the airline industry. Plus Staples makes an interesting bet on office space and we dip into the Fool Mailbag.

Transcript

Click on a timestamp to play from that location

0:00.0	It's Monday, April 4th.
0:03.0	Welcome to Market.
0:04.0	I'm Chris Hill joining me in studio today from Stock Advisor Canada, Taylor
0:07.4	Markerman, and from a billion dollar portfolio, Jason Monday.
0:11.0	Monday.
0:12.0	Hey, I'll stick with that. Monday's Monday. Monday. Hey, I'll stick with that.
0:12.8	Jason Monday.
0:13.8	Jason Moser.
0:14.8	Can you tell I haven't had enough coffee?
0:16.8	Yeah.
0:17.8	Jason Moser in the house.
0:18.8	Happy Monday, Jents.
0:19.8	Yes, indeed.
0:20.8	It's Merger Monday. Merger Monday really living up to its bill in 2016.
0:25.0	It is.
0:26.0	We've had a lot.
0:27.0	A lot.
0:28.0	We'll dip into the full mail bag and we'll get to a pretty interesting story involving Staples, but let's start with the merger of the day, which is Alaska Air, buying Virgin America in a deal worth $4 billion.
0:41.0	And apparently JetBlue was in the bidding for this and unless
0:45.2	Jason we're going to see a repeat in the airline industry of what we've been seeing
0:49.3	in the hotel industry and there's more back and forth and then we have to come back next week and talk about
0:54.0	well JetBlue had a higher offer but this does appear to be a done deal and certainly if you're
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.