DCC anyone?
10-29-2008, 09:41 AM
#11
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Joined APC: Feb 2008
Posts: 2,539
Originally Posted by Ralphie
Anyone know how the equity/DC payout will work with respect to what date the stock price will be used to determine the amounts?
10-29-2008, 10:17 AM
#12
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Joined APC: Feb 2008
Posts: 19,255
Originally Posted by Ralphie
Anyone know how the equity/DC payout will work with respect to what date the stock price will be used to determine the amounts?
10-29-2008, 01:13 PM
#16
Nice lookin' tree, there!
Joined APC: Sep 2006
Position: MD-11, old man
Posts: 2,196
Originally Posted by sailingfun
The company will provide a specific number of shares for each pilot. There is not a official date of value. Dalpa and I believe it is a joint effort with the NWA mec have hired the same firm that did so well on the claim sale to market and sell the stock. They may choose to hold the stock for some period looking for the best moment to sell. I would not expect it to be sold prior to 1 Jan for tax reasons. Most Delta pilots are at the 415C limit this year.
fbh
"Falpa" member
10-29-2008, 01:17 PM
#17
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Joined APC: Feb 2008
Position: 7ERB, no M88, no 7ER, no A320, NEXT!
Posts: 397
Originally Posted by acl65pilot
It better. I want to see at least 12 a share.
Not likely as I am sure they will move to close the merger quickly.
10-29-2008, 02:26 PM
#19
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Joined APC: Feb 2007
Position: FO
Posts: 3,031
Hell how about today....This article is timed stamped at 6:19pm
It refers to it as completed, not sure if that means DCC. Jdung by the limited stuff I see on DLnet, it sounds complete.
Delta finalizes Northwest deal
New combined carrier to be headquartered in Atlanta, and companies will merge operations over next 18 months.
NEW YORK (AP) -- Delta Air Lines has completed its $2.8 billion deal to acquire Northwest Airlines, creating the world's biggest carrier.
The announcement late Wednesday marked a swift conclusion to the deal. Earlier in the day, the Justice Department granted antitrust approval, and a lawyer for 28 air travelers who had sued to block the deal said the parties had settled the case.
The new Delta (DAL, Fortune 500) will be headquartered in Atlanta, and Delta chief Richard Anderson will head the combined carrier, which will integrate over the next 18 months.
Delta completes Northwest acquisition - Oct. 29, 2008
It refers to it as completed, not sure if that means DCC. Jdung by the limited stuff I see on DLnet, it sounds complete.
Delta finalizes Northwest deal
New combined carrier to be headquartered in Atlanta, and companies will merge operations over next 18 months.
NEW YORK (AP) -- Delta Air Lines has completed its $2.8 billion deal to acquire Northwest Airlines, creating the world's biggest carrier.
The announcement late Wednesday marked a swift conclusion to the deal. Earlier in the day, the Justice Department granted antitrust approval, and a lawyer for 28 air travelers who had sued to block the deal said the parties had settled the case.
The new Delta (DAL, Fortune 500) will be headquartered in Atlanta, and Delta chief Richard Anderson will head the combined carrier, which will integrate over the next 18 months.
Delta completes Northwest acquisition - Oct. 29, 2008
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