AA offer increased, approved by TWA

 
Old Mar 7, 01, 7:24 pm
  #1  
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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
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Old Mar 8, 01, 8:30 am
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When will this be offically over?
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Old Mar 8, 01, 9:20 am
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See the timeline and Q&A here: http://www.amrcorp.com/aa-twa
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Old Mar 8, 01, 9:53 am
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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.
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Old Mar 12, 01, 10:56 am
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Judge Walsh ruled: AA is in, Karabu is out!
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Old Mar 12, 01, 11:22 am
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doc
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See:
http://www.flyertalk.com/forum/Forum...ML/001954.html
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Old Mar 12, 01, 11:58 am
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doc -- The key thing was the Karabu ruling. For more details, see this:
http://biz.yahoo.com/rf/010312/n12376460_2.html

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Old Mar 12, 01, 12:15 pm
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CNNFn has said that the judge has not yet ruled on the Karabu agreement.
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Old Mar 12, 01, 12:21 pm
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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.
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