PATM04 From United States of America, joined Mar 2002, 57 posts, RR: 0 Posted (13 years 1 week 4 days 13 hours ago) and read 911 times:
I heard that there have been talks of a merger between Delta and Continental. I have only seen one report on the internet. I was just wondering if anyone else had heard anything. I was kind of skeptical because the article said that Continental would buy out Delta. I found that strange. I would have thought it would have been the other way around. Thanks for the help!
Co/ba From United States of America, joined May 2001, 399 posts, RR: 3
Reply 1, posted (13 years 1 week 4 days 12 hours ago) and read 838 times:
If the UA-US merger would have gone thru Continental would have bought Delta. Northwest can object to another airline buying CO as per there agreement that enabled CO to buy NW's stock hold on CO allowing CO to be independent.
DLMCO From , joined Dec 1969, posts, RR:
Reply 2, posted (13 years 1 week 4 days 12 hours ago) and read 818 times:
I have heard this rumor before, though, your post is the first time in several months...
Any acquisition of CO requires the approval of NW; for this reason, CO would be the prevailing party in the event of a DL-CO merger (as CO would be the acquiring party, as opposed to being acquired).
Delta has not denied the possibility of a merger or acquisition (both NW and CO have been named as possibilities), however they were reportedly awaiting the outcome of the US/UA and AA/TW mergers before entering into any mergers and/or acquisitions of their own.
Blink182 From Azerbaijan, joined Oct 1999, 5480 posts, RR: 15
Reply 5, posted (13 years 1 week 3 days 20 hours ago) and read 738 times:
I don't think it will happen either. AA was buying TWA in an attempt for the assetts but also to save the airline. UA was buying US for assetts and nothing else. I really don't think CO and DL will go through, the reasons are assetts and nothing else. I think the only major merger that will/would have gone/go through was AA/TWA. I don't think UA/US, CO/DL will happen.
Give me a break, I created this username when I was a kid...