Quote:
Originally Posted by mcfinley
It was just a rumor started by an investor with Delta--an open letter regarding a buyout he'd like to see. Delta and United Airlines haven't had any merger talks, and for Chicago's sake I hope a deal like this wouldn't go through, e.g. the name and headquarters remain in Chicago but operations move to Atlanta.
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Delta and UAL aren't admitting to having any talks, but they both have committees for the purpose of "examining their options" as far as mergers go.
And yeah, an investor is the most public voice right now -- an investment fund with a big equity stake. This merger will happen because there's a lot of money to be saved in the short term by doing it, because the current administration is merger friendly and because the people making the decisions can cash out before any negative repercussions arise.
I do believe, though, that Chicago would remain pre-eminent in the new United, not just home to HQ. Atlanta would be de-emphasized a little.