Merger meetings for American/US Airways pushed back - Dallas News | myFOXdfw.com

Merger meetings for American/US Airways pushed back

Posted: Updated:

DALLAS (AP) -- The boards of American Airlines parent AMR Corp. and US Airways have pushed back meeting on plans to consider a final merger, Associated Press sources say.

A source close to the matter says the AMR board wants to meet in person, and that the US Airways board would only meet after the AMR board approves a deal. The source requested anonymity because the talks are private.

It is not clear when the two boards would finally meet. People familiar with the matter say negotiations are continuing. They say issues being hammered out include AMR CEO Tom Horton's exact title and role in the combined company.

The committee representing unsecured creditors in AMR's bankruptcy case had planned to meet Monday.

Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices