DOJ is stepping up Probe in AA JetBlue Deal

swamt

Veteran
Oct 23, 2010
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I found it a bit odd that the deal was going too well at first. So now the question is, what will the DOJ request AA and JetBlue to divest or change in order to get the approval to go thru? Will they ask for too much and they walk away from doing the deal?? Or will they comply and give up some assets and gates??? I guess we will see after the DOJ gets done with their investigation.


https://www.yahoo.com/finance/news/u-doj-steps-probe-american-185143063.html
 
Not sure if I believe that yet. I'm thinking JB may be using it as an excuse to try and get accepted by DOT.
I honestly thought there was no investigation or may be Spirit asked the DOJ bec they were vocal bout the tie up shouldn't go forward