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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. | |
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