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US Airways Group, Inc. Message Board

  • cavalier2015 cavalier2015 Aug 14, 2013 6:15 AM Flag

    August 15th

    WSJ saying lcc/amr were hoping for DOJ's "blessing" of merger before 8-15 BK judge's expected approval of merger plan. I and others on this board have been following merger news daily and I cannot recall any comments by management/analysts or anyone else that before 8-15 was any kind of target date for a DOJ decision. Parker et al did not say this at the 2Q CCall a few weeks ago and not one analyst at the ccall asked when a DOJ decision was expected. My clear understanding is that the DOJ would be the LAST merger hurdle after the BK judge's approval of the merger plan.

    Like to know if anyone on this board understood that DOJ was going to decide on merger before 8-15...I do not recall any posts to that effect..really feel totally blindsided by this DOJ decision. Classic case of everyone ignoring the big Gorilla in the room imo...

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