Author Topic: Business News: US Airways, American Airlines Said Close To Merger  (Read 356 times)

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US Airways, American Airlines Said Close To Merger

US Airways Group (LCC) and American Airlines parent AMR Corp. could be days away from sealing an $11 billion merger that would create the world's largest airline. The sides have hammered out major issues, including valuations and management structure, though sources told Reuters that a deal could still be delayed, or fall apart completely. But the boards of both companies were expected to meet together Wednesday, and could announce a deal later in

Source: US Airways, American Airlines Said Close To Merger

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