Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

DOJ Seeks to Block American-US Airways Merger
Wall Street Journal ^ | 08/13/2013 | David Benoit

Posted on 08/13/2013 8:09:54 AM PDT by SeekAndFind

The government’s antitrust authorities have thrown a large road block in the way of the merger of American Airlines and US Airways, suing to block the deal.

The suit, filed by the Department of Justice after months in which the air carriers said they were confident that the deal would sail through anti-trust review, sent shares of US Airways tumbling Tuesday. The stock is down nearly 9% to $17.15 in recent trading.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Travel
KEYWORDS: airlinemerger; americanairlines; doj; usairways

1 posted on 08/13/2013 8:09:54 AM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Not enough kick-back to Holder.


2 posted on 08/13/2013 8:11:12 AM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Just another example of odumbo’s war on American business.


3 posted on 08/13/2013 8:12:11 AM PDT by taillightchaser (I'm going to become a criminal so I can keep my guns.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

4 posted on 08/13/2013 8:12:57 AM PDT by SeekAndFind
[ Post Reply | Private Reply | To 1 | View Replies]

To: SkyDancer

More likely one of their unions called in a chip.


5 posted on 08/13/2013 8:16:36 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 2 | View Replies]

To: Buckeye McFrog

I doubt it, all of the US and AA employees I know we’re pleased with the merger plans. This is just more of Hussein hatred of success..


6 posted on 08/13/2013 8:19:25 AM PDT by cardinal4 (The GOP, the ultimate battered wife? Or willing co-conspirators? You decide..)
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind

Reason:

(1) insufficient bribe to DNC or cronies

(2) somehow hurts DNC unions

or

(3) both.

Given this DOJ is little more than a political arm of the DNC used to attack political enemies, I have zero belief it is a legitimate complaint.


7 posted on 08/13/2013 8:20:39 AM PDT by TheThirdRuffian (RINOS like Romney, McCain, Dole are sure losers. No more!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SkyDancer

It’s Shakedown Time. Just like they did to Comcast and NBC. Maybe Al Sharpton, JayZ and P-Diddy will get their own airlines as part of the eventual settlement.


8 posted on 08/13/2013 8:21:51 AM PDT by jimbo123
[ Post Reply | Private Reply | To 2 | View Replies]

To: cardinal4

You confuse employees with unions.

Unions no more represent their employees than Obama represents white people.


9 posted on 08/13/2013 8:22:01 AM PDT by TheThirdRuffian (RINOS like Romney, McCain, Dole are sure losers. No more!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: cardinal4

Unions wanted the merger. I am glad it is being blocked. Non union employees wanted AA to go bankrupt and reorganize to break the union contracts that were way over the top.


10 posted on 08/13/2013 8:22:09 AM PDT by lone star annie
[ Post Reply | Private Reply | To 6 | View Replies]

To: SeekAndFind

After 120+ flights a year for over 26 years I can attest to the FACT US Air will contaminate any airline it partners with with some of the poorest customer service for a USA airline.

Sad to see AA fall into their cesspool. They were pretty good at one time. Now, not so much.


11 posted on 08/13/2013 8:27:39 AM PDT by Wurlitzer (Nothing says "ignorance" like Islam! 969)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

They didn’t pay off the right Democrats. Gotta pay, it’s the Chicago Way, now.

See “Doing Business Under Fascism”, by Gunter Reimann, written in 1938.


12 posted on 08/13/2013 8:35:29 AM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: tcrlaf

If you are right, one of those payoffs is surely coming to the local Allegheny County Democrat Party here in Pittsburgh.

They built a HUGE new airport in the 90’s on the promise that US Air would keep a hub here and provide thousands of local jobs. In return the local airport authority would protect them from discount competition.

Of course that plan did not survive first contact with economic reality.

Then 9-11 hit and non-passengers could no longer shop in the Air Mall. So now we have a ridiculously large, debt-ridden, largely empty airport, and a dearth of direct flights to anywhere.

Bailing out their local Democrats is no doubt going to be part of their To Do list here.


13 posted on 08/13/2013 8:41:23 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 12 | View Replies]

To: SeekAndFind
I see insider trading written all over this. Incredible opportunity for people at DOJ to sell short.

Good afternoon NSA

14 posted on 08/13/2013 9:26:18 AM PDT by Datom (Still runnin' "Against the Wind.")
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson