Market Currents

US Airways (LCC) and AMR Corp. (AAMRQ.PK) are just a few key details away from inking a merger...

Wednesday, February 6, 9:26 PM ET
US Airways (LCC) and AMR Corp. (AAMRQ.PK) are just a few key details away from inking a merger agreement, reports the WSJ. The current deal under discussion would be an all-stock transaction with American Airlines creditors getting 72% of the combined entity and US Air shareholders the rest. American's key creditors are on board, say sources, making a merger highly likely.

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This news story has 7 comments:

jenkinsde Comments (2)

and what about current shareholder? Nothing??

7 Feb, 12:47 AM Reply Like

stevemcc11 Comments (6)

yes,, nothing

7 Feb, 07:18 AM Reply Like

mach92flyr Comments (8)

Finish up this deal. Horton should non-exec chairman and Parker should the show. First thing Parker should do is scrap that new paint scheme...terrible!

7 Feb, 08:53 AM Reply Like

Michael Bryant Comments (3484)

Looking at (UAL), it surged before its merger and has been flat since.
http://yhoo.it/XqDDiy;c=

Will (LCC) follow a similar pattern? It has already surged.
http://yhoo.it/V16blJ;c=

7 Feb, 10:38 AM Reply Like

Tack Comments (9234)

The irony of this deal is that, contrary to U.S. Airways buying bankrupt American, these terms results in the reverse.

7 Feb, 11:35 AM Reply Like

tom t hall Comments (3)

I bought most of my $AAMRQ.PK around $0.60 and sold while the getting was good around $1.35; It may spike a little more , but will finally crash

8 Feb, 09:10 AM Reply Like

8203481 Comment (1)

it is @ $2.62 today , so what do you think ?

21 Feb, 02:02 PM Reply Like

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