Why is everyone so sure this merger is going through including the airlines themselves.
I was researching the fall apart of the AT&T / T-Mobile merger that AT&T halted and many of the reasons for them backing down are the same reasons I have read that DOJ is pushing in blocking this merger.
Please enlighten me.
AMR is in bankruptcy but making money, and sorry just because the others were allowed does not mean this should happen. That's like saying well Jack collects food stamps so I should get them too.
and we both know that will not happen. Sorry, but I don't agree with all the reasons for this merger.
I think again it is a big company(AMR) being given the easy way out.
You certainly make a good point. While synergies would make sense to combine both companies, the administration has proven to be anti-business. Yet, the stock price is reflecting as if the merger is a done deal. If indeed the merger does not get the DOJ approval, the stock price could suffer a severe setback. The disapproval, IMO, will come in the form of extensive administrative delays.