Investing

Several Bids For AMR May Emerge

The Chapter 11 filing of AMR, the parent of American  Air is barely two months old, and potential buyers are already considering a buyout.

According to WSJ.com, Delta, US Air, and private equity firm TPG may each make an offer

The news organization reports

Any bid for AMR likely would come several months from now. AMR could use the bankruptcy process to shed a trove of obligations that a buyer might be hesitant to assume.

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