Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Qantas Deal Crashes

By J. Kelman,  Newser User

Posted May 5, 2007 8:00 AM CDT

(Newser) – Qantas Airlines will keep flying solo, after what would have been the biggest airline takeover in history fell through yesterday evening. Airline Partners Australia, the private equity consortium that offered $11.1 billion for the company, failed to secure the 50% of stock it needed...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

KKR Buyout Spree Hits a Snag

Blackstone Makes $7.8B Deal for Alliance

Qantas Grounds Entire Fleet in Labor Dispute

Sold! Burger King Goes for $4B

Hedge Funds Get 'Sweet Deal' in Finance Bill


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment