Upon the anticipated closing of the merger on Dec. 9,
2013, AMR Corporation will be renamed American Airlines
Group Inc., with its common stock to be listed and
traded on the NASDAQ Global Select Market under the
symbol "AAL" and its preferred stock to be listed and
traded on the NASDAQ Global Select Market under the
symbol "AALCP."
At
the time the Plan of Reorganization becomes effective
and the merger closes, each outstanding share of US
Airways Group, Inc. common stock will be converted into
one share of American Airlines Group Inc. common stock
and substantially all pre-Chapter 11 unsecured claims
against and outstanding equity securities of AMR
Corporation will be satisfied by American Airlines Group
Inc. common stock or preferred stock in accordance with
the Plan of Reorganization.
Judge Lane said the Settlement is fair and reasonable,
supported by sound business reasons and judgment and
otherwise satisfies all of the standards applicable to
approval of a settlement under Bankruptcy Rule 9019.
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