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July 24, 2008 1:45:03 PM CDT

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Stories related to: mergers

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7 Stories

  • June 2008

    • United, Continental Partner, But Won't Merge

      newser  |  Wall Street Journal  |  Jun 20, 08 5:45 AM CDT

      United, Continental Partner, But Won't Merge

      United and Continental Airlines have forged a marketing alliance that will let them book each other’s seats, share miles and join international flights—but won't merge, reports the Wall Street Journal . The deal provides welcome cost savings in the face of surging fuel prices, but avoids the labor tensions and service disruptions that come with a full-blown merger. More »

      Tags

      airline industry  • United Airlines  • Continental Airlines  • airlines  • mergers

  • May 2008
  • April 2008

    • XM and Sirius Delay Meetings as FCC Weighs Merger

      newser  |  Washington Post  |  Apr 30, 08 2:57 PM CDT

      XM and Sirius Delay Meetings as FCC Weighs Merger

      XM and Sirius both postponed annual shareholder meetings as they awaited final FCC approval of their planned merger, the Washington Post reports. The nation’s only satellite-radio operators are expected to win approval, but their plans have faced new criticism from lawmakers and state attorneys, and there may yet be conditions on the partnership. More »

      Tags

      Department of Justice  • FCC  • Sirius  • XM Satellite Radio  • mergers

    • Delta, Northwest Execs: Merger Would Ease Gas Burden

      newser  |  Associated Press  |  Apr 24, 08 3:51 PM CDT

      Delta, Northwest Execs: Merger Would Ease Gas Burden

      The CEOs of Delta and Northwest took their case for a merger to Capitol Hill today, where they argued that they would be better equipped to deal with surging gas prices as a single company. Both businesses had big first-quarter losses, and the executives told lawmakers they’d be better competition for foreign airlines as a team, the AP reports. More »

      Tags

      gas prices  • Northwest Airlines  • John Conyers  • Delta  • mergers

    • Recession Zings Top Law Firms

      newser  |  Wall Street Journal  |  Apr 14, 08 3:10 AM CDT

      Recession Zings Top Law Firms

      The recession has begun to nip at the heels of New York's big law firms, reports the Wall Street Journal. S ome firms are beginning to lay off associates, rescind offers to those coming out of law school, and scale back summer associate programs. It's all due to a slowdown in work relating to mortgages, real estate transactions, mergers, and private equity deals. More »

      Tags

      recession  • economy  • mortgage  • real estate  • mergers

    • Delta, Northwest Close to Merger After Revived Talks

      newser  |  Wall Street Journal  |  Apr 13, 08 3:40 PM CDT

      Delta, Northwest Close to Merger After Revived Talks

      Delta and Northwest Airlines are readying a merger that could be announced as soon as Tuesday, reports the Wall Street Journal . But disputes over the deal’s financial terms and handling of pilot seniority threaten to scuttle the union. Negotiations between the two carriers broke down last week but were revived this weekend with the hope of reaching an agreement by tomorrow. More »

  • March 2008

    • Delta-Northwest Deal May Be Back On, Without Pilot Input

      newser  |  Wall Street Journal  |  Mar 28, 08 4:41 PM CDT

      Delta-Northwest Deal May Be Back On, Without Pilot Input

      Northwest is trying to resuscitate the Delta merger that nearly went through in February with a deal that wouldn’t need pilot agreements or include anticipated salary increases, the Wall Street Journal reports. The pilots' inability to agree on seniority rules appeared to derail the deal, which didn't require labor agreements; both parties want it fast-tracked so the Bush Justice Department staffers will still be in a position to vet it. More »

      Tags

      Northwest Airlines  • Justice Department  • Delta Airlines  • mergers  • pilots  • pilot seniority

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