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Old December 15th 07, 03:42 PM posted to rec.aviation.piloting
Bertie the Bunyip[_19_]
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Posts: 3,851
Default Airlines are being incouraged to merge by private investment funds!

"Robert M. Gary" wrote in
:

On Dec 14, 10:52 am, shekinah02 wrote:
Funds hedging against oil price rise, recession

Pardus Capital Management LP made headlines last month as it urged a
merger between Delta Air Lines and United Airlines. The hedge fund
owns 7 million shares of Delta (2.4 percent) and 5.6 million shares
of UAL (4.6 percent).

Read the full article
at:http://www.travelnewenglandnewspapers.com/side2.html


This is probably really, really interesting to those that don't
understand finance.


You're right. I understand finance ( when I have enough money, I buy crap)
and I found it tedious in the extreme.



Bertie