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Delta Creditors Reject US Airways' Takeover Bid
In the end, US Airways took No for an answer. It had no choice.
The prospective $10-billion merger with Chapter 11-mired Delta set in motion last November by the high-flying US Airways died a quiet death Jan. 31 when the Phoenix-based airline withdrew its offer. Also stilled were the massive network-carrier consolidations rumored to be the inevitable result of a Delta-US Airways deal.