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Originally Posted by tonyw  Here's the thing I just don't get. It makes no sense here.
You've got two money losing businesses but combining them is supposed to make them a profitable one?
Uh, no. |
The airlines INTENT is to buy out the competition rather than just combine two unprofitable companies in hopes route, cost, and other material structures will compliment each other while reducing costs.
I've actually seen several losing medical device companies merge then emerge a fierce, profitable competitor.