Manufacturing Industry
Some Delta bondholders support takeover bid - claim
Airline Industry Information, Nov 23, 2006
AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD
A group consisting of some Delta Air Lines bondholders has reportedly started organising informally to support US Airways' takeover bid.
Some bondholders are supportive of the USD8.78bn takeover offer, according to a source close to the matter quoted by Reuters.
The group is reportedly considering all options but could end up pushing for Delta creditors to accept the US Airways bid.
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