Wednesday, February 13, 2013

Reuters: Bankruptcy News: AMR creditors approve American-US Air merger -sources

Reuters: Bankruptcy News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
AMR creditors approve American-US Air merger -sources
Feb 13th 2013, 23:01

Wed Feb 13, 2013 6:01pm EST

Feb 13 (Reuters) - The unsecured creditors committee of bankrupt American Airlines parent AMR Corp has approved an $11 billion merger with US Airways Group Inc , sources familiar with the situation said on Wednesday.

The deal will be announced Thursday, the sources said, assuming the boards of both companies approve it Wednesday night. AMR's unsecured creditors will be made whole under the terms of the deal and also get accrued interest, they added.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.