[update: 2007.01.31]US Airways ended its take over attempt of Delta Air Lines after Delta's creditors said no to the deal.
US Airways wants Delta Airlines. In November 2006, US Airways offered Delta
$4 billionin cash and
78.5 million LCC shares. US Airways new offer to Delta is
$5 billionin cash and
89.5 million LCC shares.
LCC closed at
$57.90 per shareon 9 January 2007. There were approximately
88.81 million LCC shares outstanding.
Creator: Gerald D. Thurman
Created: 10 January 2007