APA decision

[BoeingBoy]

Including a merger that changes everything.

Speaking of a merger...

"Could AMR Acquire US Airways In Bankruptcy?"

FWIW, US' market cap is about $1.6 billion as of the close today so a $3 billion offer would be almost double market value. US has over $2 billion in cash so over 2/3 of the purchase price would come from US' cash.

Jim

 

[Duke787]

http://www.tulsaworl...E1_Americ463499



The beginnings of an agreement with APA, this will be the face saving info that will save the pilots from themselves.