North by Northwest
Veteran
http://www.startribune.com/business/12122971.html
Davis told Wall Street analysts in New York.
He added that Northwest's board and management are "very, very actively looking" at the "topic of consolidation and who is the right partner." Delta Air Lines and United Airlines are also known to be considering merger options. Eagan-based Northwest has not given any indication whether it has a preferred partner or is likely to initiate a deal.
Asked about submitting a deal near the end of the Bush administration, which is considered to be generally friendly toward business, Davis responded that the timing could be "deal specific." He added, "It depends on labor support. It depends on a whole bunch of different assumptions."
From Northwest's vantage point, Davis said, "We don't have a firm line in the sand in our mind that this is a drop-dead date."
Davis told Wall Street analysts in New York.
He added that Northwest's board and management are "very, very actively looking" at the "topic of consolidation and who is the right partner." Delta Air Lines and United Airlines are also known to be considering merger options. Eagan-based Northwest has not given any indication whether it has a preferred partner or is likely to initiate a deal.
Asked about submitting a deal near the end of the Bush administration, which is considered to be generally friendly toward business, Davis responded that the timing could be "deal specific." He added, "It depends on labor support. It depends on a whole bunch of different assumptions."
From Northwest's vantage point, Davis said, "We don't have a firm line in the sand in our mind that this is a drop-dead date."
