Keyword: airlinemerger

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  • DOJ Seeks to Block American-US Airways Merger

    08/13/2013 8:09:54 AM PDT · by SeekAndFind · 13 replies
    Wall Street Journal ^ | 08/13/2013 | David Benoit
    The government’s antitrust authorities have thrown a large road block in the way of the merger of American Airlines and US Airways, suing to block the deal. The suit, filed by the Department of Justice after months in which the air carriers said they were confident that the deal would sail through anti-trust review, sent shares of US Airways tumbling Tuesday. The stock is down nearly 9% to $17.15 in recent trading.