April 4, 2016 / 10:45 AM / 4 years ago

BRIEF-Alaska Air says Virgin America may be required to pay Co termination fee equal to $78.5 mln

April 4 (Reuters) - Alaska Air Group Inc

* Upon termination of merger agreement, virgin america may be required to pay co termination fee equal to $78.5 million

* On april 1, 2016, alaska air group entered into a support agreement with cyrus aviation holdings, llc and cyrus capital partners, l.p.

* Support agreement requires supporting stockholder to vote shares in favor of adoption, approval of merger agreement with virgin america

* As of april 1, cyrus aviation holdings, llc, cyrus capital partners, l.p. Owned about 27.9% of voting common stock - sec filing Source text for Eikon: Further company coverage: [ ALK.N] (Bengaluru Newsroom: +1-646-223-8780)

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