By: Benzinga
US Airways/American Merger Looks Close After Pilots Show Approval
Shares of U.S. Airways (NYSE: LCC ) rose 5.5 percent to close at $13.50 on Monday after the Allied Pilots Association approved a memorandum of understanding that would allow a possible merger between U.S. Airways and American Airlines (OTC: AAMRQ ). Other airlines finished the day up—outperforming the
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