'Keep Delta My Delta'

Summary


ATLANTA - Delta Air Lines filed a reorganization plan Tuesday that calls for it to emerge from bankruptcy next spring as a stand- alone company worth as much as $12 billion, or slightly more than the combined market value of the nation's two biggest carriers.

The Atlanta-based company also said its board has formally rejected US Airways' $8.5 billion hostile takeover bid, and its executives joined rank-and-file employees on a full-scale public relations assault against the proposal.

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'Keep Delta My Delta'

"US Airways is the worst of all potential merger p...

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