No matter what regulators ultimately decide, the appeal buys Aventis some time.
Citizens and regulators gradually decided the plan was so expensive that it might never happen.
But the regulators decided to do nothing because they believed the airline was making progress, the board said.
"It's for the regulators and the governing bodies to decide whether they want competition or not."
After Freedom National collapsed, regulators decided they would make good only 50 cents of each $1 for all accounts larger than $100,000.
He said the Treasury officials and other regulators had not decided whether to switch to such open assistance.
At that point, regulators decided the best course would be to take over the insolvent banks and try to sell them.
The regulator has therefore decided that new phone numbers must be 8 digits long including the extension.
The regulators decided late Thursday afternoon on a strategy to stabilize the situation so that a long-term solution could be developed.
If regulators decide to investigate the deal, they would notify the company before the March 9 vote.