PatM04
Posts: 212
Joined: Fri Mar 15, 2002 9:41 am

I Heard?

Sun Jul 15, 2001 9:58 am

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
Posts: 388
Joined: Tue May 22, 2001 1:55 pm

RE: I Heard?

Sun Jul 15, 2001 10:16 am

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.
 
Guest

RE: I Heard?

Sun Jul 15, 2001 10:35 am

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.
 
Guest

RE: I Heard?

Sun Jul 15, 2001 2:36 pm

True Co/ba and DLMCO...also take a look at Co's and DL's fleet...VERY compatible! Some of the same aircraft models, too. We'll see.
 
toxtethogrady
Posts: 1735
Joined: Sat Dec 23, 2000 12:33 pm

CO Buying DL Appears To Be Last Year's Rumor...

Sun Jul 15, 2001 2:38 pm

I don't think it will happen now...
 
blink182
Posts: 5283
Joined: Mon Oct 18, 1999 3:09 am

RE: I Heard?

Mon Jul 16, 2001 2:27 am

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.
rgds,
blink182
Give me a break, I created this username when I was a kid...
 
Guest

RE: I Heard?

Mon Jul 16, 2001 5:24 am

Hi Boyz,

I doubt that Delta would ever get bought into Gordon's world. Delta is just too cool to be bought out! I dont want to take a pay cut! That would be bad for me.

Gayfully yours,
Ribbon-Demon

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