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Delta may start formal merger talks with two carriers
ATLANTA, Jan 10 (WorldACD) - Delta Air Lines Inc. directors on Friday will be asked to permit the airline's new chief executive, Richard Anderson, to begin formal merger discussions with both Northwest Airlines Corp. and UAL Corp., parent of United Airlines, with the idea that Delta ultimately will choose between the two, the Wall Street Journal said.
That process, if it receives approval, would follow exploratory conversations Delta had in December with both of those airlines as well as Continental Airlines Inc., according to another person with knowledge of the situation.
Of course, Delta's board may decline the request.
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