Mergers & Acquisitions
Feb. 15, 2013
Slew of firms aid US Airways tie up with American Airlines
In a merger that involved roughly a dozen law firms, the boards of directors of both AMR Corp., parent to American Airlines Inc., and US Airways Group Inc., decided to approve a Valentine's Day marriage between the two commercial airlines.
Daily Journal Staff Writer
In a merger agreement that involved roughly a dozen law firms, the boards of directors of both AMR Corp., parent to American Airlines Inc., and US Airways Group Inc., have decided to approve a Valentine's Day marriage between the two commercial airlines that values the new company at $11 billion.
The combined entity, which will use the American Airlines name, will offer more than 6,700 daily flights...
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