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Author Topic: US Airways Ups Offer for Delta Air Lines  (Read 1879 times)

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Offline casper

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US Airways Ups Offer for Delta Air Lines
« on: January 10, 2007, 01:09:30 PM »
US Airways Group Inc. raised its offer for Delta Air Lines Inc. by 20 percent to $10.2 billion on Wednesday, as it seeks to put pressure on the bankrupt carrier's creditors to agree to a deal that management opposes.

US Airways said it would raise its offer by $1.7 billion from its Nov. 15 bid that was currently valued at $8.5 billion.

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