U.S. Airways' Chief Says Takeover Offer Was Fair

U.S. Airways' Chief Says Takeover Offer Was Fair


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(KSL News) U.S. Airways is not giving up its hostile takeover attempt of Delta.

Today U.S. Airways' chief executive said his offer of 8.4 billion dollars is more than fair.

Delta has made it clear it wants to emerge from bankruptcy as a stand-alone carrier by the middle of 2007.

U.S. Airways says acquiring Delta is a unique opportunity and it is obligated to pursue it.

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