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2nd Circ. Affirms Loss Of Airline Bankruptcy Merger Challenge

By Matthew Perlman (March 20, 2023, 6:31 PM EDT) -- A Second Circuit panel on Monday refused to revive a long-running challenge to the 2013 tie-up between American Airlines and US Airways that stemmed from American's bankruptcy, saying that the courts moved beyond looking only at market shares in mergers decades ago....

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