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Bid in the Works for Bankrupt American Airlines?January 13, 2012 By: Adam Leposa
In the wake of its declaration of bankruptcy in November, several rival companies are considering a bid for American Airlines parent AMR Corporation, reports The Wall Street Journal via USA Today. The story names US Airways, Delta Airlines and TPG Capital as potential bidders.
Any bid would be seven months away, the Journal continues, but Delta has already run its own analysis concluding its potential bid would probably win the approval of antitrust regulators.
Read the full story at USA Today and The Wall Street Journal (subscription required).