Daily Business News
Wednesday, November 15, 2006
  US Airways offers to buy Delta for $8 billion (Reuters)

A Delta aircraft takes off at Hartsfield-Jackson Atlanta International Airport May 16 2006. US Airways Group proposed an $8 billion takeover of bankrupt Delta on Wednesday in a bid to streamline costs and capitalize on a sector showing signs of recovery. (Tami Chappell/Reuters)Reuters - US Airways Group Inc. proposed a $8 billion takeover of bankrupt Delta Air Lines Inc. on Wednesday after an attempt at merger talks failed earlier this fall.


  8:07 AM
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