Old 04-14-2008, 04:30 PM Offline   #1 (permalink)



 
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Default Delta OKs deal to take over Northwest (AP)

AP - Delta Air Lines has reached an agreement with Northwest Airlines to take over Northwest and create the world's biggest carrier. The boards of both companies gave the deal the go-ahead Monday. Delta said the combined airline will have an enterprise value of $17.7 billion. It will be based in Atlanta, and Delta CEO Richard Anderson will head the combined company.



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