US Airways, AMR Settle DOJ Merger Suit With Divestitures

Law360, New York (November 12, 2013, 12:46 PM EST) -- US Airways Group Inc. and bankrupt American Airlines will divest departure gates and 138 takeoff and landing slots at seven key airports under a proposed agreement with the U.S. Department of Justice to settle the government's antitrust suit attempting to block the airlines' merger, the DOJ announced Tuesday.

US Airways and AMR Corp., American's parent company, will divest assets at airports in Boston, Chicago, Dallas, Los Angeles, Miami, New York and the District of Columbia to what the DOJ described as low-cost carriers in a move...
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