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Virgin America receives takeover offers
Published Tue, Mar 29, 2016 · 09:50 PM
New York
VIRGIN America Inc has received takeover bids from JetBlue Airways Corp and Alaska Air Group Inc as the US budget airline backed by British billionaire Richard Branson explores a sale, a person familiar with the matter said on Monday.
Asian airlines have also expressed interest in buying Virgin America, although they would have to partner with a US bidder under foreign ownership rules governing US airlines.
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