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Delta Community CU Applauds Airline's Decision To Reject US Airways Bid

In the end, Delta Air Lines remained firm in its stance to emerge from bankruptcy as a standalone carrier rather than concede to a hostile takeover by US Airways.

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ATLANTA — In the end, Delta Air Lines remained firm in its stance to emerge from bankruptcy as a standalone carrier rather than concede to a hostile takeover by US Airways.

US Airways announced Jan. 31 that it had withdrawn its $10 billion hostile takeover bid of Delta Air Lines after being informed that the carrier’s creditors were not interested in pursuing a deal.

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