AA-US Airways merger grounded by DoJ

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Certainly not for the first time in aviation history, the US Department of Justice has thrown a sizeable spanner in the works of a major merger. Yesterday, in what some could say was a rather late intervention, it moved to block the proposed merger of US Airways and American Airlines (AA), possibly scuppering AMR’s chances of a fast exit from bankruptcy restructuring, and in the event the link-up is allowed will almost certainly delay the deal. With both management and ...