$8.6B for Delta - US Airways Gives Formal Offer to Airline

Tuesday, November 28. 2006

$8.6B for Delta - US Airways Gives Formal Offer to Airline

We've covered this story before, now the offer has been formalized.

ATLANTA - US Airways Group Inc. will pitch its $8.6 billion unsolicited offer for Delta Air Lines Inc. in a meeting this week with Delta and the committee representing the unsecured creditors in Delta's bankruptcy case, a lawyer for the committee said Tuesday.

The lawyer, Daniel Golden, said in a telephone interview that the committee's advisers will be present at the meeting in New York, along with US Airways officials and Delta senior executives.

Not sure how this one will play out, but stay tuned, we'll have the latest news here on MobiBlog.

Posted by Mobissimo in News, Airline Industry at 11:44 | Comments (0) | Trackbacks (0)

Trackbacks

Trackback specific URI for this entry

No Trackbacks

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

Name
Email
Homepage
In reply to
Comment	Standard emoticons like :-) and ;-) are converted to images. To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information? Subscribe to this entry
Submitted comments will be subject to moderation before being displayed.

Mobissimo

MobiBlog

Tuesday, November 28. 2006

$8.6B for Delta - US Airways Gives Formal Offer to Airline

Quicksearch

Feeds

Recent Entries

Syndicate This Blog

Categories

Archives