TWA FFB/Aviators - AA offer increased, approved by TWA
TWA BOD approved AA offer today, which was increased by $242 million, to $742 million. http://www.planebusiness.com/ubb/Forum6/HTML/000999.html
Mar 8, 01, 9:30 am
When will this be offically over?
Mar 8, 01, 10:20 am
See the timeline and Q&A here: http://www.amrcorp.com/aa-twa
Mar 8, 01, 10:53 am
Looks like tomorrow could be a big day -- then I guess the justice Dept. needs to approve, which I can't image will be a stumbling block, but you never know.
Mar 12, 01, 11:56 am
Judge Walsh ruled: AA is in, Karabu is out!
Mar 12, 01, 12:58 pm
doc -- The key thing was the Karabu ruling. For more details, see this:
Mar 12, 01, 1:15 pm
CNNFn has said that the judge has not yet ruled on the Karabu agreement.
Mar 12, 01, 1:21 pm
freakflyer -- Apparently, CNNfn has not updated their report yet. Reuters report (see the link in my previous post) contains the latest information so far. Judge Walsh issued his ruling for Karabu a few minutes later and separately from the general AA/TWA ruling.