Archive Widget
Wednesday
Nov142007

« Passive Consolidation Talk Turns Active: Delta and United? »

As I wrote in "I Hear the Train a "C"omin' " below, I think we can say I see the train and it's a comin'.

With the recent speculation about what the catalysts might in triggering a consolidation of the industry, clearly high oil prices are. Jeff Bailey of the New York Times writes in the past hour about a letter sent to each United and Delta from Pardus Capital Management proposing a stock for stock swap combining the two carriers click here. The AP reports that the two carriers have been in discussions click here. Shares in each United and Delta are up on the news.

Note: William Swelbar is a shareholder in United Airlines.

Reader Comments (1)

William -- thank you for taking the time to share your thoughts with your readers. Your blog has very quickly been added to my list of blogs I read every day. I find your perspective to be spot on. Please keep it up!

11.25.2007 | Unregistered CommenterAnonymous

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>