DCC anyone?
#21
Here's the DOJ statement
#08-963: Statement of the Department of Justices 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." ...
#08-963: Statement of the Department of Justices 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." ...
#26
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 -
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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