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Monday, January 28, 2013

Deals of the day - mergers and acquisitions, (NYSE: LCC)

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:** US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with valuation and management structure being the two major sticking points left to resolve, four people familiar with the matter said.

US Airways Group, Inc. operates and owns passenger and freight airline carrier. Shares of LCC traded higher by 0.4% or $0.06/share to $15.03. In the past year, the shares have traded as low as $6.78 and as high as $15.64. On average, 6010770 shares of LCC exchange hands on a given day and today's volume is recorded at 6402716.