The original version of this story was revised to reflect that the Allied Pilots Association was one of the three unions that backed the US Airways bid for AMR.CHARLOTTE, N.C. ( TheStreet) -- US Airways (LCC) has been successfully gathering union support for its effort to merge with bankrupt AMR (AMMRQ.PK), and could unveil a union-backed bid as early as next week.
US Airways Has Labor Backing for AMR Takeover: Sources
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.