AMR creditors approve American-US Air merger: sources
February 14, 2013 10:14 AM EST
The unsecured creditors committee of bankrupt American Airlines parent AMR Corp has approved an $11 billion merger with US Airways Group Inc
The deal will be announced Thursday, the sources said, assuming the boards of both companies approve it Wednesday night. AMR's unsecured creditors will be made whole under the terms of the deal and also get accrued interest, they added.
(Reporting By Soyoung Kim; Writing by Ben Berkowitz; Editing by Bernard Orr)
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