AMR, Eurofresh, Madoff, PT Berlian, Qualteq: Bankruptcy

AMR Corp. and US Airways Group Inc. announced this morning that the two airlines will merge under the name American Airlines, with creditors of AMR owning 72 percent of the combined company’s stock. The merger will create the world’s largest airline. Shareholders of US Airways will have the other 28 percent of the equity.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.