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Monday, February 11, 2013

Takeover Digest-New York Times business news - Feb 11, (NASDAQ: DELL), (NYSE: LCC)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * After months of negotiations, American Airlines and US Airways Group Inc appeared likely to announce a merger this week, which would create the nation's biggest airline and concentrate even further a once-fragmented industry.* Southeastern Asset Management, one of the biggest investors in Dell Inc, said that it would oppose the company's plans to go private, setting up a major potential roadblock for the biggest takeover since the financial crisis.

Dell, Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL traded higher by 0.74% or $0.1/share to $13.63. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 38040200 shares of DELL exchange hands on a given day and today's volume is recorded at 56969664.

US Airways Group, Inc. operates and owns passenger and freight airline carrier. Shares of LCC fell by 2.38% or $-0.36/share to $14.75. In the past year, the shares have traded as low as $6.78 and as high as $15.64. On average, 6212930 shares of LCC exchange hands on a given day and today's volume is recorded at 8407782.



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