Archive for April 2008
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Delta and Northwest Airlines to Merge
In a record breaking deal creating the world’s single largest airline, the boards of both Delta and Northwest Airlines have agreed to a merger.
This merger between Delta and Northwest seems to be coming from necessity rather than anything else. Due to high fuel prices and a slower economy, both companies agree to the stock swap merger on Monday. The merger between Delta and Northwest is valued at around $17 billion dollars.
