Summary
MINNEAPOLIS - Northwest Airlines departed bankruptcy protection on Thursday, capping a 20-month reorganization aimed at making the nation's fifth-largest carrier competitive for years to come.
Northwest shares began trading on the New York Stock Exchange Thursday morning, with CEO Doug Steenland and other employees ringing the opening bell, marking the end of a wave of airline bankruptcies that began after the 9/11 attacks.See the full content of this document
Extract
Northwest Emerges From Bankruptcy
The shares traded at $25.25 after being offered to unsecured creditors at $27.
Northwest has slashed debt by ...See the full content of this document
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