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Old 10-29-2008, 02:39 PM
  #21  
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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." ...
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Old 10-29-2008, 03:25 PM
  #22  
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If there is a pool I pick today 29 Oct 08 for DCC.
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Old 10-29-2008, 03:34 PM
  #23  
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Got an email at 1900E today from Delta to it's frequent fliers saying the merger was approved.
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Old 10-29-2008, 03:45 PM
  #24  
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Originally Posted by sailingfun View Post
If there is a pool I pick today 29 Oct 08 for DCC.
Me too... but I got 12:01 pm...
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Old 10-29-2008, 03:50 PM
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Tell me we did not get locked in at $7.99 a share!
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Old 10-29-2008, 04:42 PM
  #26  
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Originally Posted by Superdad View Post
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 -
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Old 10-29-2008, 04:58 PM
  #27  
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DCC Happened today, 10-29-08, at 5pm Eastern.
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Old 10-29-2008, 05:05 PM
  #28  
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Originally Posted by KKKBTAXI View Post
DCC Happened today, 10-29-08, at 5pm Eastern.
Where did you get that information?
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Old 10-29-2008, 05:06 PM
  #29  
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Originally Posted by Superdad View Post
Where did you get that information?
Try Google
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Old 10-29-2008, 05:07 PM
  #30  
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It is official. Trust me.
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