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US Airways wants a merger with Delta

Washington, USA - A USD 8bn proposal

After the merger with America West, US Airways now aims at Delta Airlines. The US airline launched a USD 8bn merger offer, which would take effect starting from the Chapter 11 exit by the Atlanta's carrier, half cash and half shares. The proposal incorporates a 25% premium compared to the current price of Delta's not traditional share, after the airline declared its currency crisis. According...

AVIONEWS - World Aeronautical Press Agency - 69328

AVIONEWS - World Aeronautical Press Agency
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