Horace Horsecollar
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US Airways Withdraws Bid for Delta
By HARRY R. WEBER AP Business Writer
ATLANTA Jan 31, 2007 (AP) Delta's official creditors committee threw its support behind the bankrupt airline's standalone reorganization plan on Wednesday, a decision that prompted US Airways to drop its hostile $9.8 billion bid to buy Delta.
By HARRY R. WEBER AP Business Writer
ATLANTA Jan 31, 2007 (AP) Delta's official creditors committee threw its support behind the bankrupt airline's standalone reorganization plan on Wednesday, a decision that prompted US Airways to drop its hostile $9.8 billion bid to buy Delta.