Delta, TPG Capital Said To Weigh Bids for AMR

Law360, New York (January 12, 2012, 6:36 PM EST) -- Delta Air Lines Inc. and private equity firm TPG Capital are separately considering possible bids for American Airlines' bankrupt parent company AMR Corp., The Wall Street Journal reported Thursday, citing people familiar with the matter.

The acquisition of American by Delta, the world's largest carrier after its 2008 merger with Northwest Airlines, could spell antitrust trouble for the airline.

According to The Wall Street Journal's sources, Delta has analyzed the competition implications of a merger with American and came to the conclusion that the deal would...
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