HomeEconomy of the United States News – American-US Airways, Richard Schulze, American AirlinesBusinessEconomy of the United States News – American-US Airways, Richard Schulze, American Airlines

Economy of the United States News – American-US Airways, Richard Schulze, American Airlines

American-US Air Merger Gets Board Approval
The boards of AMR Corp and US Airways Group separately met on Wednesday to approve a merger that would value the combined company at around $11 billion, people familiar with the matter said. The deal will be officially announced early Thursday.

Best Buy Founder Schulze Considers Alternatives to Buyout Plan
Best Buy Co. founder Richard Schulze is weighing whether to scrap a plan to take over the struggling electronics chain and instead line up investors to take a minority stake in the company, people familiar with the matter said.

American Airlines, U.S. Airways Merger Agreed To; Boards Set To Vote: Report
American Airlines and U.S. Airways have agreed on the terms of a proposed merger, according to a tweet from Bloomberg News.



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