Originally Posted by
chongcao
Found in Chinese news source as well. But mainstream English news sources are somewhat quiet. Might be the false alarm. Until either Reuters, WSJ or Bloomberg report the similar story, I would say it is armchair politics.
There was a Reuters article two days ago. I didn't find it very persuasive.
Reuters - Exclusive: US Air, AMR deal could come in next two weeks - sources
(Reuters) - US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with the final price and management structure still to be resolved, four people familiar with the matter said.
The two airlines, as well as AMR's creditors and its bondholders, have focused their efforts in recent weeks on reaching a merger agreement, and a deal could come in the next two weeks, the people said on Friday.
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Negotiations have now largely come down to how the equity of the combined company would be split between shareholders of US Airways and creditors of AMR, and who will run the merged airline, according to the people familiar with the matter.
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