jhooper
Posts: 5560
Joined: Thu Dec 13, 2001 8:27 pm

Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 4:25 am

Today I got a ballot in the mail asking me to vote on whether or not the DL / NWA merger should go forward. What was once $2500 of "new" Delta stock in my Fidelity account has dwindled away to less than half it's value. Looks like it's up to the shareholders now, so which vote supports the highest increase in my stock's value? While I know I hold a pretty modest amount of DL stock and I'd be far away from casting the deciding ballot, I'll base my vote on your input. So, fire away!
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deltairlines
Posts: 6876
Joined: Mon May 24, 1999 4:47 am

RE: Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 4:27 am

Yes - already have Gold status on Delta, will be making Platinum in 2 months, and just moved to a NW fortress in MSP. Will be nice to have a DL hub in my new city.
 
United1
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Joined: Wed Oct 08, 2003 9:21 am

RE: Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 4:49 am



Quoting Jhooper (Thread starter):
so which vote supports the highest increase in my stock's value?

That depends how long term view you want to have, in the short term the merger will drive the stocks value up assuming its approved. In the long term the stocks value is going to be entirely dependant on how well the merger is executed and what the current market conditions are.

Personally I say vote no, DL can grow organically 80% of what they are acquiring from NW I think it's the safest way for the company to proceed going forward. If the merger with NW goes badly then its quite possible that DL just bet the farm and that could wipe out any of your stocks value.
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DL WIDGET HEAD
Posts: 1469
Joined: Wed Apr 12, 2000 8:18 am

RE: Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 4:52 am

I voted "YES". Best way forward for DL and NW and stock holders.
 
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CV880
Posts: 941
Joined: Sun Mar 25, 2007 7:56 am

RE: Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 4:59 am

Quoting Jhooper (Thread starter):
so which vote supports the highest increase in my stock's value?

Rest assured that if it's a no vote, Your stock will decline further. For those holding NWA, either the stock will decline with a no vote, or the number of shares will increase with a yes vote. IIRC, 1.00shares of NWA= 1.25shares of DAL

[Edited 2008-09-11 22:09:27]
 
nwa757300
Posts: 176
Joined: Thu Oct 11, 2001 12:18 am

RE: Delta / Northwest Merger - Yea Or Nay?

Fri Sep 12, 2008 5:02 am

Vote Yes!

This merger is about competing on a global scale. No US airline, in this market, can grow organically to compete with new foreign entrant airlines in the the US-Int'l market.

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