US Airways (LCC +11.1%) spikes higher on a report American Airlines' (AAMRQ.PK) 3 largest unions...


US Airways (LCC +11.1%) spikes higher on a report American Airlines' (AAMRQ.PK) 3 largest unions have agreed to support a takeover bid rather than keep the airline independent. The unions are said to believe they can obtain better terms from US Airways than from an independent, restructured AMR. (previous)

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Comments (2)
  • jackooo
    , contributor
    Comments (1738) | Send Message
     
    The unions have no power to do anything.
    If U.S. Airways does get AMR then you can kiss your LCC stock good bye. You never want to buy a loser.
    19 Apr 2012, 02:37 PM Reply Like
  • patv0524
    , contributor
    Comment (1) | Send Message
     
    Please explain why if a take over happens the stock plummets
    24 Apr 2012, 03:38 PM Reply Like
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