TWAnr
Veteran
- Aug 19, 2002
- 1,003
- 0
[blockquote]
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On 3/16/2003 739 PM AAStew wrote:
...but as you said it was a purchase not a merger.
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[/blockquote]
The legal definition of merger is:
[blockquote]Section 2(a). The term "merger" as used herein means joint action by the two carriers whereby they unify, consolidate, merge, or pool in whole or in part their separate airline facilities or any of the operations or services previously performed by them through such separate facilities.
Allegheny-Mohawk Merger Case, 59 C.A.B. 22 (1972)
[/blockquote]
The law makes no distinction whether the combination of airlines is achieved through a purchase or an acquisition.
----------------
On 3/16/2003 739 PM AAStew wrote:
...but as you said it was a purchase not a merger.
----------------
[/blockquote]
The legal definition of merger is:
[blockquote]Section 2(a). The term "merger" as used herein means joint action by the two carriers whereby they unify, consolidate, merge, or pool in whole or in part their separate airline facilities or any of the operations or services previously performed by them through such separate facilities.
Allegheny-Mohawk Merger Case, 59 C.A.B. 22 (1972)
[/blockquote]
The law makes no distinction whether the combination of airlines is achieved through a purchase or an acquisition.