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December 11, 2012
06:16 EDTAAMRQ, LCCAMR would use private equity funds to help exit bankruptcy, Bloomberg reports
AMR Corp. (AAMRQ), parent of American Airlines, will consider helping to pay for its bankruptcy exit with private equity or other outside funding, says CEO Tom Horton, reports Bloomberg. AMR, nearing completion of its reorganization plan and deciding on whether to remain independent or merge with US Airways (LCC), hasnít concluded that a stand-alone strategy is the best for company, Horton added. Reference Link
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