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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (19879)	5/23/2000 8:06:00 PM
From: Hobie1Kenobe	Read Replies (2) \| Respond to of 35685

LOF, Ain't it interesting that the big guys like LTCM, SOROS and Robertson get out while crushing the rest of us and then get these miraculous rescues -- Julian Robertson's laughing at us all with this USAir acquisition by UAL -- GRRRRR UAL, US Airways in $4.3 Billion Merger Talks By Tara Murphy Staff Reporter 5/23/00 7:33 PM ET Tonight, UAL (UAL:NYSE - news - boards), parent of United Airlines, reportedly intends to purchase rival US Airways (U:NYSE - news - boards) for $4.3 billion in cash, or $60 a share, according to the Financial Times' and Wall Street Journal's Web sites. US Airways stock closed at 26 5/16 today. UAL would also assume about $7.3 billion in debt and lease agreements as part of the deal. Reports have said that both boards have met separately to discuss the merger, but opinions vary as to whether both or one of the boards have already approved it. It is likely that a merger of this size, involving two of the world's largest airlines, would result in a lengthy approval process and would have to be vetted by government agencies including the Securities and Exchange Commission, Federal Aviation Agency and the Justice Department. thestreet.com