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KolobWestwind
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Northwest gives Delta merger nod: report
March 28, 2008 2:58 PM ET
All Reuters news
CHICAGO (Reuters) - Executives at Northwest Airlines have proposed that Northwest and Delta Air Lines go ahead with a planned merger, the Wall Street Journal reported on Friday.
Citing people familiar with the matter, the Journal said on its Web site that Northwest also has suggested offering pilots less-generous terms than previously.
Northwest shares were up 6.62 percent at $9.02 following the report. Delta shares were up 4.55 percent at $8.73.
March 28, 2008 2:58 PM ET
All Reuters news
CHICAGO (Reuters) - Executives at Northwest Airlines have proposed that Northwest and Delta Air Lines go ahead with a planned merger, the Wall Street Journal reported on Friday.
Citing people familiar with the matter, the Journal said on its Web site that Northwest also has suggested offering pilots less-generous terms than previously.
Northwest shares were up 6.62 percent at $9.02 following the report. Delta shares were up 4.55 percent at $8.73.
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