Delta finds a few sugar daddies
January 30, 2007 at 11:31 am by Noah Gardenswartz in NewsDelta Announces $2.5 Billion Commitment To Help Get It Out Of BankruptcyATLANTA (AP) — Delta Air Lines Inc., the nation’s third-largest carrier, said Tuesday it has obtained a commitment for $2.5 billion in exit financing as part of its plan to emerge from bankruptcy by the middle of this year as a stand-alone company.
The Atlanta-based company said the financing will be led by six financial groups � JPMorgan, Goldman Sachs & Co., Merrill Lynch, Lehman Brothers, UBS and Barclays Capital.
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I hope the $2.5 billion also buys 3 more inches of legroom and clocks for the cockpit so they won�t delay so many goddamn flights.
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