Delta Fares

what happens to Delta Airline stock before and after merging ?

Public Comments

1. First of all, it is very unclear whether or not the merger between Delta and LCC will happen. If the merger does happen, chances are that LCC will pay off Delta's bondholders and other creditors, and that the stock will be worthless. Typically when one company buys another company, they issue stock or cash to the acquired company's stockholders, but because Delta is in bankruptcy, the bondholders and other creditors will be first in line for all proceeds. Should the merger not go through, chances are that Delta's bondholders and creditors will end up owning the company. The bonds will be converted to common stock, and the old stock will be worthless. Chances are that Delta's current stock will ultimately be worthless whether the merger happens or not.