Thursday, February 01, 2007

Delta clears barrier in effort to fend off US Airways offer

Delta clears barrier in effort to fend off US Airways offer

By Corey Dade

The Wall Street Journal Europe

31 Jan 2007



Delta Air Lines Inc., working to fend off a hostile takeover by US Airways Group Inc., says it has obtained $2.5 billion in financing to exit frombankruptcy as an independent company later this year. The funds, underwritten by six leading lenders,... read more...

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