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OFFICIAL: Suit Settled, Merger to Happen.

Old 11-12-2013, 08:22 AM
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Default OFFICIAL: Suit Settled, Merger to Happen.

AMR-US Airways Said to Settle U.S. Merger Antitrust Suit - Bloomberg

American?s Flight Attendants Celebrate Settlement Announcement

American Airlines and US Airways Group Inc. have reached a settlement with federal regulators in the U.S. lawsuit seeking to block their $17.2 billion merger, a person familiar with the matter said.
A deal with the Justice Department will be announced today, the person said, asking not to be identified because the negotiations are private. The two sides have been discussing airline concessions such as ceding flight slots at Washington’s Reagan National Airport, people familiar with the negotiations said. The deal would require a judge’s approval.

AMR rose as much as 42 percent to $13.50 in over-the-counter trading. US Airways jumped as much as 9.5 percent to $25.49 in New York before trading was halted.
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Old 11-12-2013, 08:39 AM
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Things are gonna get interesting.
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Old 11-12-2013, 09:09 AM
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All the best to everyone at AMR and LCC.
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Old 11-12-2013, 09:20 AM
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What a relief!
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Old 11-12-2013, 09:26 AM
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Nonsense.

The DoJ couldn't figure this crap out in the 5 months after the merger was announced?

All this did was cost AMR/LCC millions.
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Old 11-12-2013, 09:29 AM
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Originally Posted by pagey View Post
Nonsense.

The DoJ couldn't figure this crap out in the 5 months after the merger was announced?

All this did was cost AMR/LCC millions.
Don't be negative.
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Old 11-12-2013, 09:30 AM
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Originally Posted by pagey View Post
Nonsense.

The DoJ couldn't figure this crap out in the 5 months after the merger was announced?

All this did was cost AMR/LCC millions.
The Feds have been working the blackmail game against a lot of deep pockets since the last election. Look at how they've gone after JPM and SAC Capital. Chicago 'politics'.
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Old 11-12-2013, 11:08 AM
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Originally Posted by CanoePilot View Post
Don't be negative.
HAHA that made me laugh, thank you! LOL
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Old 11-12-2013, 12:26 PM
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Congrats to all of us. Looking forward to the new American!
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Old 11-12-2013, 12:47 PM
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Great news for all, east/west, and American!

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