Mon, Jun 22nd, 2009
Related topics:
MINNEAPOLIS -- Republic Airways Holdings said Monday it is offering to buy Frontier Airlines for $108.8 million and take it out of bankruptcy.
Republic said it expects a court-supervised auction to determine if anyone will make a better offer.
Indianapolis-based Republic supplied a $40 million debtor-in-possession loan to Frontier and held a $150 million unsecured claim, so it's not a surprise that it is on track to buy the airline.
Related stories from top sites:
On marriage: Let’s call the whole thing off
Jun 14th, 2009 - MSNBC
Sadly, and to my horror, I am divorcing. This was a 20-year partnership. My husband is a good man, though he did travel 20 weeks a year for work. I am a 47-year-old woman whose commitment to monogamy, at the very end, came unglued...
Court fight over Jackson's children looms
Jun 14th, 2009 - Washington Post
LOS ANGELES -- Given the secrecy surrounding Michael Jackson's children throughout his life, it's no surprise that there are lingering questions about who will care for them after his death...
What's Hummer Actually Worth?
Jun 14th, 2009 - Reuters
Before you say, â??Nothing! And itâ??s costs us more than we can imagine in global warming dollars!â? remember that General Motors (GMGMQ) is supposed to be selling it out of bankruptcy to a Chinese heavy manufacturing concern...
Lenders mull offer for bankrupt Delphi: report
Jun 14th, 2009 - Reuters
(Reuters) - Bankrupt U.S. auto parts maker Delphi Corp's (DPHIQ.PK) debtor-in-possession (DIP) lenders are mulling an offer for the company, the New York Post said, citing a person familiar with the matter. Hedge fund Elliott Associates...
Commentary: Car dealers take fall for errors of others
Jun 14th, 2009 - Houston Chronicle
It can't be much of a surprise to anyone that General Motors has followed Chrysler into bankruptcy. The move was rumored for weeks, and it was probably overdue by more than a year. The severe economic recession that began in 2008...

Leave a Reply