US Airways Shareholders Bless $11B American Merger

Law360, Chicago (July 12, 2013, 1:45 PM EDT) -- US Airways Group Inc. said Friday that its shareholders voted in favor of its $11 billion merger with bankrupt AMR Corp., the parent company of American Airlines Inc., as the two carriers inch closer to becoming the world’s largest airline amid antitrust scrutiny.

Over 99 percent of the shareholder votes cast were in favor of the merger, the Tempe, Ariz.-based company said in a statement. US Airways CEO Doug Parker, who will also fill that role at the combined company, called shareholder approval a “major milestone”...
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