Delta-Virgin Atlantic deal is close

 
By JOSHUA FREED | Published: December 11, 2012   

Delta Air Lines Inc. is close to buying a stake in Virgin Atlantic for between $300 million to $500 million, a person familiar with the negotiations told The Associated Press on Monday.

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The person spoke on condition of anonymity because a deal has not been announced.

Singapore Airlines owns a 49 percent stake in Virgin Atlantic. Last week, it said it was in talks with a...
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