Old Feb 13, 13, 3:06 pm
FlyerTalk Evangelist
Join Date: May 2001
Location: LAX; AA EXP, MM; HH Gold
Posts: 31,790
Originally Posted by mrowl View Post
according to Bloomberg, both boards have met, and agreed to terms of merger. Parker will be CEO.
20 minutes later and Bloomberg hasn't published anything in writing that says both boards have already met. The AMR board is currently meeting, says Bloomberg:

The board of bankrupt American Airlines parent AMR Corp. is meeting now to vote on a merger with US Airways Group Inc. after the two sides reached a tentative agreement that would create the world’s largest carrier, people familiar with the matter said.

The accord probably will go to US Airways’ board later today once AMR directors vote, said the people, who asked not to be named because the talks are private. Details of the proposal weren’t immediately disclosed.
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