Analyst Julius Maldutis of CIBC World Markets speculated that United's pullout from the deal before the August deadline could be aimed at helping its stock or its labor relations, with the merger having added to contract disputes with mechanics, customer service representatives and flight attendants.
http://biz.yahoo.com/apf/010702/unit...irways_14.html
The costs associated with satisfying regulators' antitrust concerns appeared to be the main turn-off for United, which would have had to sell off some of US Airway's most valuable assets in order to gain approval for the deal.
http://biz.yahoo.com/apf/010702/us_airways_future.html
AND:
Aviation analysts said Arlington, Virginia-based US Airways may be forced to sell off its assets as an alternative to the takeover that promised to stave off financial concerns and low-fare rivals.
``US Airways are facing some major challenges. They might sell the airline piecemeal or try to fix the problem of not earning any profits,'' said Ray Neidl
http://biz.yahoo.com/rf/010702/n02289675.html
[This message has been edited by doc (edited 07-02-2001).]