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Article: Business headlines
- Article from:
- Dayton Daily News
- Article date:
- January 30, 2007
- Author:
CopyrightCopyright 2007 Dayton Daily News. Provided by ProQuest LLC. (Hide copyright information)
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US Airways mum on report that it will up offer for Delta
PHOENIX -- US Airways Group Inc. wouldn't comment Monday about
reports it offered to add $1 billion in cash to its $9.67 billion
cash-and-stock bid for Delta Air Lines Inc. in order to win support
from its creditors.
Citing people familiar with the matter, the Wall Street Journal
said Monday that Tempe, Ariz.-based US Airways would raise its bid if
Delta's creditors, who have the most say in the bankruptcy-protected
airline's fate, agreed to postpone a Feb. 7 hearing on restructuring
the carrier.
Vandalia, Utah companies to merge
Leis Medical Inc. of Vandalia has merged with MedicineLodge Inc.
of Logan, Utah, to form a new medical ...