Single Status Update
buy American Airlines.
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It's actually American being absorbed into Us Air. Us Air is buying American. DOJ said NO, but will let it go through in a week or so.
American was trading around $5/share. It should hit $15/share after doj approval.
Issue is all over Airport Hubs, and flights per day in states. The States challenged the merger. Things will be settled, American is going up, up, and up.
Generic reporting on the issue.