One of Europe's largest airlines is flying ahead with a US takeover.
It's World Business Express from the BBC World Service.
I'm Liana Byrne.
Also in takeover news, Sky is buying one of Britain's biggest broadcasters
and how the rock band Metallica is upskilling college students.
Yes, Europe's second biggest low-cost airline, EasyJet,
has agreed in principle to being sold to the US investment firm Castle Lake.
The deal would value the British-based carrier at nearly $7 billion.
Our reporter Barbara George has all the details for us.
So EasyJet rejected four previous approaches from Castle Lake, the US firm,
because the board believed the airline was being undervalued.
But Castle Lake has now come back with a higher offer worth about $7 billion.
And EasyJet are prepared to engage with the proposal.
But it's not a done deal yet because Castle Lake still has to make a formal offer.
And there are like regulatory questions to resolve around like European ownership rules.
OK, so what does this mean for passengers?
What does it mean for prices, competition, all that?
So in terms of passengers, nothing is likely to change like immediately.
EasyJet is one of Europe's largest airlines
and operate around 1,200 routes in valuable airports like Gatwick, Paris and Geneva.