VENTURE CAPITAL POST

A settlement was reached between representatives of both American Airlines and US Airways Group and the US Department of Justice would pave the way to the approval of the merger.

US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.

A billion dollar merger has been settled between US Airways Group and American Airlines

US Airways and American Airlines promised to fight the antitrust lawsuit filed by the US Department of Justice, of which halted the airline companies' USD 11 billion merger.

Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.

Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.

US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger

American Airlines parent AMR Corp (AAMRQ.PK) and US Airways Group Inc (LCC.N) said on Friday the carriers have to evaluate a potential merger.

Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1030 GMT on Thursday.