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Thursday, February 7, 2013

Takeover Digest - Wall Street Journal - Feb 7, (NYSE: LCC)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * U.S. President Barack Obama agreed to let a small group of lawmakers look at a classified opinion explaining his administration's legal justification for targeting killings of American terror suspects in other countries.* American Airlines parent AMR Corp and US Airways Group Inc are hashing out the last major details of a merger agreement that would create the world's largest airline and are racing to finalize a deal, said people close to the discussions.

US Airways Group, Inc. operates and owns passenger and freight airline carrier. Shares of LCC traded higher by 3.34% or $0.47/share to $14.56. In the past year, the shares have traded as low as $6.78 and as high as $15.64. On average, 6087400 shares of LCC exchange hands on a given day and today's volume is recorded at 5252948.