Nasdaq Wins AMR-US Airways Stock Listing Once Airlines Merge
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The company created when American Airlines and US Airways Group Inc. merge will list its shares on the Nasdaq Stock Market, a victory for the exchange operator after losing Twitter Inc.’s initial public offering.
American Airlines Group Inc. will trade under the AAL ticker symbol, according to a statement today. American parent AMR Corp. and US Airways settled a U.S. antitrust lawsuit this week that sought to block the tie-up, clearing a judge to rule Nov. 25 on AMR’s bankruptcy exit.