BoeingBoy
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- Nov 9, 2003
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The only problem with that is that AA can't announce anything. The BK process doesn't work like that.
Actually they can, although if a merger was agreed to it would undoubtedly be a joint announcement with the merger partner. The US/HP merger was announced during the exclusivity period of US' bankruptcy. What can't happen is US (or another entity) and the UCC announcing an agreement has been reached between them for a merger during the exclusivity period - as long as AA has the exclusive right to present a POR no one can circumvent them.
Jim