AA offer increased, approved by TWA
Mar 7, 2001 | 7:24 pm
#1
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Join Date: May 1999
Posts: 6,084
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/For...ML/000999.html
Mar 8, 2001 | 8:30 am
#2
Join Date: Jan 2001
Location: Boston, MA
Programs: AA Lifetime Platinum (3MM), QF Lifetime Gold, Bonvoy Lifetime Platinum, Ex-Hyatt Diamond
Posts: 7,808
When will this be offically over?
Mar 8, 2001 | 9:20 am
#3
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Join Date: May 1999
Posts: 6,084
See the timeline and Q&A here: http://www.amrcorp.com/aa-twa
Mar 8, 2001 | 9:53 am
#4
Join Date: Jan 2001
Location: Boston, MA
Programs: AA Lifetime Platinum (3MM), QF Lifetime Gold, Bonvoy Lifetime Platinum, Ex-Hyatt Diamond
Posts: 7,808
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, 2001 | 10:56 am
#5
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Join Date: May 1999
Posts: 6,084
Judge Walsh ruled: AA is in, Karabu is out!
Mar 12, 2001 | 11:58 am
#7
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Posts: 6,084
doc -- The key thing was the Karabu ruling. For more details, see this:
http://biz.yahoo.com/rf/010312/n12376460_2.html
http://biz.yahoo.com/rf/010312/n12376460_2.html
Mar 12, 2001 | 12:15 pm
#8
Join Date: Jan 2000
Location: Northern California
Programs: Inf Elite CO, lifetime AA Platinum
Posts: 1,937
CNNFn has said that the judge has not yet ruled on the Karabu agreement.
Mar 12, 2001 | 12:21 pm
#9
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Join Date: May 1999
Posts: 6,084
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.