The boards of directors at AMR Corp. and US Airways Group have, as expected, approved an extension to their proposed merger agreement, a decision that allows the two companies to pursue legal action against the U.S. Justice Department (DOJ) without fear of breaching a contractual deadline to finalize the deal. “The boards and management teams of AMR and US Airways remain committed to completing this combination to create the new American, and the extension of this outside date is a ...
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