The airline industry got shaken up by a multi-billion-dollar offer for a troubled carrier, with experts saying the bid would lead to more deals and leave just a handful of major airlines flying...
Delta Air Lines Inc. said Thursday it listened to a presentation by US Airways Group Inc. on US Airways' $8.5 billion takeover offer for Delta, but repeated earlier statements that it intends to emerge from bankruptcy as a stand-alone carrier...
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The board of Delta met by conference call to discuss US Airways's $8.5 billion hostile bid, but the directors aren't expected to issue a formal position on the offer for several days...
Delta Air Lines Inc. rejected a hostile $8.38 billion merger proposal from US Airways Group Inc. and said it plans to exit bankruptcy on its own with a value of as much as $12 billion...
US Airways Group Inc. raised its hostile takeover bid for bankrupt Delta Air Lines Inc. by 19 percent to $10.2 billion to win support from the carrier's creditors...
Delta Air Lines, struggling to hold off a hostile bid from US Airways Group, has held talks with Northwest Airlines and United Airlines about a possible combination with either of those carriers, according to a published report...
US Air Group is willing to increase its hostile takeover offer for Delta Air Lines Inc. by $1 billion under certain conditions as it makes a final push to win support from Delta creditors...
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