Delta (DAL) May Be Looking At United (UAUA) Merger

Posted: November 14, 2007 at 3:08 pm

According to several media reports, Delta (DAL) may be considering a merger with United Airlines (UAUA).

According to The Wall Street Journal "hedge fund Pardus Capital Management LP, which has stakes in Delta as well as United Airlines, sent a letter to Delta management Tuesday renewing its calls for airline consolidation and specifically advocating a merger of Delta and United."

Both stocks are up on the news.

Douglas A. McIntyre

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