Saturday, August 17, 2013

Airline Merger Lawsuit Reflects Buyer's Remorse for DOJ

When US Airways and American Airlines announced plans earlier this year to combine, few expected the $11 billion deal to encounter antitrust turbulence. But last week, the ride got bumpy indeed when the U.S. Department of Justice, six states and the District of Columbia filed suit to block the merger.

Source: http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202615847881&rss=rss_nlj

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