US Airways Angles for a Merger With American
http://www.businessweek.com/articles/2012-05-10/us-airways-angles-for-a-merger-with-american
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Reports: American, creditors agree to explore merger options
American Airlines parent AMR Corp. is apparently reversing course, saying it’s willing to at least consider a merger option that could include US Airways.So say reports just out this afternoon from both Bloomberg News and Reuters. Each agency quotes unnamed sources in their reports.As for management at AMR, it previously had said it might consider a merger down the road, but not until AA had emerged from the bankruptcy reorganization process.If this afternoon’s reports are accurate, it doesn’t necessarily mean AMR would pursue a merger, but only that the company would now at least would now at least would consider the option.
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