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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:30 EDTLCC, AAMRQAMR Corp., US Airways nearing merger, Bloomberg reports
AMR Corp. (AAMRQ), the parent of American Airlines, and US Airways (LCC) are said to be closer to a merger agreement, with a possible decision coming next month, according to a Bloomberg report that cites people familiar with the matter. The report's sources say that AMR's board will meet January 9 to discuss the merger and may make an announcement shortly thereafter. Reference Link
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