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$11B AMR, US Air Merger Backed By Creditor Committees

By Brian Mahoney ( March 22, 2013, 7:33 PM EDT) -- Two creditor committees of bankrupt AMR Corp. threw their weight behind the company's proposed $11 billion merger with U.S. Airways Group Inc. Friday, telling a New York federal bankruptcy judge that the deal is the best shot to transform the company into a profitable and sustainable airline....

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