Bankruptcy judge to issue ruling on AMR-US DOJ deal

AMR (AAMRQ) and US Airways (LCC) are due to find out today whether Bankruptcy Judge Sean Lane approves of their settlement with the Justice Department over their proposed merger.

The DOJ had opposed the transaction until the airlines agreed to make concessions.

The deal also needs the authorization of a federal district judge, who is accepting public comments until February 7.

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Comments (3)
  • gabito16
    , contributor
    Comments (2) | Send Message
    I want my MONEY!!!!
    27 Nov 2013, 12:00 PM Reply Like
  • tarheelboy
    , contributor
    Comments (333) | Send Message
    Great, looks like my investment will pay off!
    27 Nov 2013, 10:00 PM Reply Like
  • distefanov
    , contributor
    Comments (2) | Send Message
    Cross our fingers the stock will go higher than 13. and will end up at $20.00 soon!
    28 Nov 2013, 10:51 AM Reply Like
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