Merger in jeopardy...
07-02-2013, 02:34 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Apr 2006
Posts: 164
Merger in jeopardy...
Strong opposition is being built against this merger. Definitely not the sure thing we thought it was. Even AA pulled the US Airways plane from the AA website.
States join US antitrust review of airline merger - Yahoo! Finance
More Eyes Get Suspicious of American-US Airways Merger | Wall St. Cheat Sheet
States join US antitrust review of airline merger - Yahoo! Finance
More Eyes Get Suspicious of American-US Airways Merger | Wall St. Cheat Sheet
07-02-2013, 06:28 PM
#6
Gets Weekends Off
Joined APC: Aug 2005
Position: Airbus
Posts: 634
"It's not unusual for states to join a federal merger review. By doing so, officials can look out for their state's interests and take part in meetings and depositions conducted by the Justice Department."
19 states join antitrust review of AA-US Airways merger
Just the name of the game, it will go through no problem.
19 states join antitrust review of AA-US Airways merger
Just the name of the game, it will go through no problem.
07-03-2013, 04:42 AM
#7
Flies With The Hat On
Joined APC: Aug 2006
Position: Right of the Left Seat
Posts: 1,339
This is a show. The federal merger review is how governments justify their jobs and exact control/leverage.
They allowed DAL and UAL, if anything these dispositions would allow an avenue for the government to do nothing and protect their precious direct flights home.
http://www.foxbusiness.com/industrie...j-depositions/
I don't think we've seen the end of mergers. Hawaiian and Alaska may be next, but every once and a while I read a peice on cabatoge suggesting international mergers. I suppose as we continue our US sovereignty death march and approach one world (Western) Government via UN Constitutional overrides we may yet see international mergers like DAL/AF, Lufstansa/UAL and AMR/BA.
http://www.eturbonews.com/18108/luft...ers-inevitable
http://www.slate.com/blogs/moneybox/...ow_it_but.html
They allowed DAL and UAL, if anything these dispositions would allow an avenue for the government to do nothing and protect their precious direct flights home.
http://www.foxbusiness.com/industrie...j-depositions/
Sources say the U.S. Department of Justice is performing a typical probe of the proposed merger between US Airways and American Airlines, but the merger should proceed as planned and close in the third quarter. "It’s nothing more than part of the fact gathering the DOJ would do of any merger of this size," one source says. Fox Business (6/28)
http://www.eturbonews.com/18108/luft...ers-inevitable
http://www.slate.com/blogs/moneybox/...ow_it_but.html
Last edited by flybywire44; 07-03-2013 at 05:22 AM.
07-03-2013, 07:07 AM
#8
Gets Weekends Off
Joined APC: Dec 2009
Posts: 259
Alioto’s firm has been involved in a number of plaintiffs’ actions in mergers, including an effort to block the Southwest Airlines-AirTran Airways merger in 2011, the Delta Air Lines and Northwest Airlines merger in 2008 and the Continental Airlines and United Airlines merger in 2010.
An appeal filed in the Southwest-AirTran lawsuit resulted in a March 21 decision that the Alioto law firm had to pay $67,495.30 in attorney fees incurred by the carriers.
Looks like this law firm is just chasing ambulances looking for a pay day.
An appeal filed in the Southwest-AirTran lawsuit resulted in a March 21 decision that the Alioto law firm had to pay $67,495.30 in attorney fees incurred by the carriers.
Looks like this law firm is just chasing ambulances looking for a pay day.
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