Friday, August 30, 2013

November trial date set for challenge to American/US Airways merger

A federal judge has set a tentative November 25 trial date to hear the government's legal challenge to the merger of American Airlines (NYSE:AMR) and US Airways Group, Inc.(NYSE:LCC).  Judge Colleen Kollar-Kotelly will try the case without a jury

The U.S. Justice Department had sought a trial date in March 2014 while the airlines had been pushing for November because of the pressures of the pending merger. During the merger review and challenge process, the companies said they are essentially in limbo, unable to merge but unable to make independent long-range plans.

Read the full Reuter's article here.

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