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dragon 10-29-2008 02:39 PM

Here's the DOJ statement

#08-963: Statement of the Department of Justice’s Antitrust Division on Its Decision to Close Its Investigation of the Merger of Delta Air Lines Inc. and Northwest Airlines Corporation (2008-10-29)

"After a thorough, six-month investigation, during which the Division obtained extensive information from a wide range of market participants –including the companies, other airlines, corporate customers and travel agents –the Division has determined that the proposed merger between Delta and Northwest is likely to produce substantial and credible efficiencies that will benefit U.S. consumers and is not likely to substantially lessen competition." ...

sailingfun 10-29-2008 03:25 PM

If there is a pool I pick today 29 Oct 08 for DCC.

correcting 10-29-2008 03:34 PM

Got an email at 1900E today from Delta to it's frequent fliers saying the merger was approved.

tsquare 10-29-2008 03:45 PM


Originally Posted by sailingfun (Post 488338)
If there is a pool I pick today 29 Oct 08 for DCC.

Me too... but I got 12:01 pm... :cool:

Superdad 10-29-2008 03:50 PM

Tell me we did not get locked in at $7.99 a share!

Cujo 10-29-2008 04:42 PM


Originally Posted by Superdad (Post 488370)
Tell me we did not get locked in at $7.99 a share!

Each Northwest share will be exchanged for 1.25 Delta shares, for a value of $9.99 per Northwest share, Delta said.
Delta fell 17 cents to $7.99 at 4:15 p.m. in New York Stock Exchange composite trading. Northwest rose 13 cents to $9.90.

Delta completes deal to acquire Northwest Airlines
San Jose Mercury News - 1 hour ago -

KKKBTAXI 10-29-2008 04:58 PM

DCC Happened today, 10-29-08, at 5pm Eastern.

Superdad 10-29-2008 05:05 PM


Originally Posted by KKKBTAXI (Post 488421)
DCC Happened today, 10-29-08, at 5pm Eastern.

Where did you get that information?

Justdoinmyjob 10-29-2008 05:06 PM


Originally Posted by Superdad (Post 488429)
Where did you get that information?

Try Google

acl65pilot 10-29-2008 05:07 PM

It is official. Trust me.


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