Looks like UAL/USAir might be dead.

[145BOSS]

http://www.nj.com/business/index.ssf/2010/04/united_halts_us_airways_talks.html

 

[FLYLOW22]

Damn. There go my -400 manuals.

Well, see ya in 10 years!!

 

[captfred]

Not so fast my friend.

 

[Ridgeback]

I smell a US lawsuit against UNITED much like ALOHA sued GO.....

 

[contrail67]

A law suit saying that the merger was not in the best interest to move forward on?.....let me guess, you did NOT go to law school.

 

[swaflyguy]

My guess is that UAL never wanted USAir but was/is using them as a tool to lure CAL back to the table. Once the UAL/USAir talks were announced there was alot of press about CAL being left out of the dance without a partner. Since CAL had no interest in UAL at the time, CAL had a quick change of heart and was back into merger negotiations with UAL. I think it is a shrewd but brilliant move for UAL to get what they wanted all along and that is a merger with CAL. Now, will that ever happen? Only time will tell.

 

[JerryLundegaard]

Can hardly blame UAL, with all the well documented problems at LCC.

 

[FlyinGuy]

Now when CAL sends UAL packing, UAL will be in a world of hurt.

 

[charterpuke]

If UAL/CAL happens, its all over but the crying for US Airways.

 

[av8tor76]

thanks for the heads up nostradamus..

 

[johnsonrod]

Let's hope this wouldn't drive Dougie Parker to drink more...

 

[stall022]

Merger talk was nothing more then a stock drive. UAL stock has climbed 68 percent in 2010, while Continental is up 23 percent. Tilton, Smisek and Parker are laughing all the way to the bank.

All three know they have nothing to worry about with the current administration, they are all "too big to fail" and will be bailed out by Obama.

 

[Lear70]

Mod hat on:

Warning to everyone on the profanity. It's a Terms of Service violation. Repeated violations will get you time in the penalty box.

Thanks,

/mod

 

[AA717driver]

Where is George Carlin when we need him?

On topic: Don't worry, USAir, AMR will save you...

TC

 

[twobits]

de ja vu. How about US/CAL merger, when is that going to happen?

 

[WSurf]

Can hardly blame UAL, with all the well documented problems at LCC.

Ah! Like UAL doesn't have there? Why the hell you think Continental was staying away??

 

[UALRATT]

Merger talk was nothing more then a stock drive. UAL stock has climbed 68 percent in 2010, while Continental is up 23 percent. Tilton, Smisek and Parker are laughing all the way to the bank.

No schit eh!!
"...The first 66,667 of those stock options vested this month, and Tilton exercised them and sold the shares for $23 each on Thursday, the company said in a separate filing. That would have given him a profit of $1.2 million based on the difference between the exercise price and the price he sold them for.
The sale was part of a prearranged 10b5-1 trading plan..."

Thursday April 15th. The perfect conspiracy if you ask me. Smart to use tax deadline day but since they really had no real interest in LCC, one can argue before the SEC that the merger announcement was made to coincide with that prearranged 10b5-1 sale.

...and the money grap continues unabated

 

[Mr.B]

Ah! Like UAL doesn't have there? Why the hell you think Continental was staying away??

The whole merger machine was put in place 2 years ago. It will run its course, be announced, and bonuses all around.