A federal bankruptcy judge has cleared the way for American Airlines and US Airways to complete their merger and create the world’s largest airline. The judge ruled Wednesday that this month’s settlement of an antitrust lawsuit filed by the federal ...Read More »
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CHARLOTTE – Capital Advisors Inc. of Charlotte announced it was merging its commercial mortgage interest with Dickinson, Logan, Todd and Barber Inc. based in Greensboro. The new merged entity will keep the Capital Advisors name. Through the merger, customers will ...Read More »
DALLAS — American Airlines, US Airways and the U.S. Justice Department say that they have agreed on a mediator to try to settle the government’s lawsuit against the airlines’ proposed merger. But if they can’t settle, the sides are preparing ...Read More »
I recall that in 1997, the pudding-heads at the Federal Trade Commission put the kibosh on a proposed merger of Office Depot (ODP-$3.95) and Staples (SPLS-$13.25) because it feared the power of these two big-box stores. ODP and OfficeMax (OMX-$11.69) is a merger of two weak companies with a decade of declining revenues, cash flows, book values, earnings and share prices.
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