Creditor

A Couple Of Thoughts On Recent AA Merger Discussions

This news is a couple of days old, but AA has announced they are open to discussing a merger during bankruptcy. I especially like the quote, “To be clear, American has committed to work in collaboration with the (creditors) committee to develop only potential consolidation scenarios and this agreement does not in any way suggest that a transaction of any kind or with any particular party will be pursued.” from AMR. They reference “members of the creditors committee” campaigning strongly for AA to consider a merger.  What they don’t say […]