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Merger talk boosts United Speculation also sends stock soaring for Delta, Northwest.(Business)
- Article from:
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Rocky Mountain News (Denver, CO)
- Article date:
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January 12, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Rocky Mountain News. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Chris Walsh , Rocky Mountain News
United Airlines once again finds itself at the center of merger speculation.
And once again the buzz - this time that Delta Air Lines is looking to enter merger talks with both United and Northwest Airlines - sent investors and analysts into a frenzy as the stocks of all three airlines soared.
This week's news is reminiscent of similar speculation involving United over the past few years, none of which has panned out. But observers say there could be more to the talk this time around because United and Delta are actively looking at mergers.
"I think this case is different because we have Delta initiating it," said ...
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