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Mergers Face Challenges With Democrats In Charge

Law360 (January 4, 2007, 12:00 AM EST) -- The newly controlled Democratic Congress, which came into power Thursday, may not have any legal authority over high-profile mergers. But it is expected to put more pressure on the Department of Justice and other government agencies, making divestitures and even merger rejections more likely in the telecommunications, media and airline industries.

In the airline industry, the big merger on the table is US Airways Group’s $8.67 billion hostile bid for bankrupt Delta Air Lines. Though Delta’s upper management has thus far opposed the merger, it still...
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