Thursday, January 10, 2008
Delta Seeking Merger Partner
In a story in today's WSJ, "people close to the matter" were cited as saying Delta would seek permission from its board of directors for CEO Richard Anderson to begin merger talks with Northwest. Analysts also expect Delta to consider a tie up with either UAL or Continental. Wow, what a collection of financially weak airlines. Perhaps merging will give you a stronger company. Then again, maybe it will just give you a larger weak airline.
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