US Airways Increases Offer for Delta

Jan 10th, 2007 | By Jared Blank

After saying that it wasn’t going to increase its offer for Delta, US Airways has increased its offer by about $1 billion and 11 million shares — certainly not a small amount of money. According to US Airways, this is above what Delta has claimed to be its valuation given its standalone plan. As I’m not a financial analyst, I have no idea whether this is a good idea or not. We’ll see where US Airways’ stock opens today to see what people think (yes, I know, this was lame. I just can’t pretend to know where Delta should be valued. I still think, though, that jamming together Delta and US Airways before America West is fully merged with US Airways is a mistake. But what do I know.)

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