Uh, no.

Delta is trying to place a liquid value on all of its assets, including Comair. They want to be able to show the creditors that they are worth a certain amount as a standalone company. As long as the value of the company and its assets are higher than the proposed bid by USAirways, the creditors have no choice but to allow Delta to emerge from bankruptcy as a standalone carrier.

It says in the beginning of the article how Delta is even trying to estimate on the high side the value of Comair.

It's funny how Delta uses the same smoke and mirrors money fudging with their creditors as they do with their pilot group and Comair's pilot group.