merger

Transportation
8:13 pm
Wed February 13, 2013

Reports: American, U.S. Airways Boards Approve Merger

The boards of AMR and US Airways have approved a merger Wednesday night that would create the world largest carrier, The Wall Street Journal is reportingciting "people familiar with the matter."

The paper reports that the merger will be formally announced Thursday.

Earlier today, Bloomberg reported on some of the terms of the deal:

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