Originally Posted by
iahphx
Another development this morning is the "unofficial" creditors committee -- which now has more than $2 billion in debt and will be extremely hostile to Delta's standalone plan -- demanded (in a nice way!) that Delta management
consider the US Airways plan.
http://biz.yahoo.com/ap/061222/delta...ways.html?.v=2
Matters not. DL management does not have to do this unless their POR is not confirmed. BTW--the "unofficial" committee is only as large as the pilots in thier debt holdings (and the pilots, BTW, are against the merger). I repeat--unless the official creditors committee demands it, DL management does not have to open the books. Sucks to be Parker, eh?
Hey--when are you ever going to stop to debate some of this stuff rather than dropping one-liners and running away? It sounds like the PR department at the Sandcastle--and nobody gives them any credibility. Something to think about.