Creditors may cool on US Airways Bid

[luv2fly]

Creditors may cool

Doesn't make it sound like it is such a done deal as some here assert. Is Parker going to raise his bid again? We'll know shortly enough.

 

[WNrforlife]

"It is what it is," Parker said. "Right now, we're just reacting to rumors...."

Doug Parker, truly a leader among mere men....

 

[longing4piedmont]

Creditors may cool

Doesn't make it sound like it is such a done deal as some here assert. Is Parker going to raise his bid again? We'll know shortly enough.

Greetings from PHX.

Today's local story....

http://www.azcentral.com/business/articles...irways0123.html

I really liked this part, you know the part where according to many here the customers and employees and general public opinions do NOT make a difference. (big crow buffet scheduled for 2/1 for many who post on aviation....)

US Airways deal gaining foes

The public buzz so far has favored Delta, with employees, lawmakers, frequent fliers and others weighing in with concerns and, in some cases, strenuous opposition. A high-octane public relations and lobbying blitz is natural for the target of a hostile takeover, but this battle has been particularly lopsided, with little public support to date for US Airways' bid......

Other than US Airways and Wall Street, no one else has come out in favor of the deal," said Jim Corridore, airline stock analyst for Standard & Poor's. "There seems to be nearly unanimous opposition among all other constituencies that would be party to this merger, so that's not good for US Airways in terms of their ability to push this through."

Corridore and other analysts believed US Airways' chances of success improved after it sweetened its bid to more than $10 billion earlier this month. Now, Corridore isn't so sure as reports surface of difficulty getting Delta's creditors to decide on US Airways' latest offer despite a Feb. 1 deadline to take action.