TWA FFB/Aviators - AA offer increased, approved by TWA

TWA BOD approved AA offer today, which was increased by $242 million, to $742 million. http://www.planebusiness.com/ubb/Forum6/HTML/000999.html

When will this be offically over?

See the timeline and Q&A here: http://www.amrcorp.com/aa-twa

Looks like tomorrow could be a big day -- then I guess the justice Dept. needs to approve, which I can't image will be a stumbling block, but you never know.

Judge Walsh ruled: AA is in, Karabu is out!

See:
http://www.flyertalk.com/forum/Forum109/HTML/001954.html

doc -- The key thing was the Karabu ruling. For more details, see this:
http://biz.yahoo.com/rf/010312/n12376460_2.html

CNNFn has said that the judge has not yet ruled on the Karabu agreement.

freakflyer -- Apparently, CNNfn has not updated their report yet. Reuters report (see the link in my previous post) contains the latest information so far. Judge Walsh issued his ruling for Karabu a few minutes later and separately from the general AA/TWA ruling.