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Desperate Attempt to Block American/US Airways Merger Denied

According to a Reuters report, a request taken to the U.S. Supreme Court to block the merger of U.S. Airways (NYSE: LCC) and AMR Corp, (OTC: AAMRQ) the parent of American Airlines, was denied.

Justice Ruth Bader Ginsburg denied the request of a group of plaintiffs led by California resident Carolyn Fjord. The plaintiffs said in the brief that “irreparable injury” could be caused to the United States Airline industry if the deal were to take place as planned.

Related: AMR, US Airways Trial to Take Place November 25

Injury could include higher prices, decreased level of service, and more crowded aircraft according to the plaintiffs.

The merger is expected to be finalized before the opening of the trading day Monday.

The case is Fjord v. AMR Corp et al, U.S. Supreme Court, No. 11-15463-SHL. The main bankruptcy case is in U.S. Bankruptcy Court, Southern District of New York, re: AMR Corp et al, 11-15463.

Disclosure: At the time of this writing, Tim Parker had no position in the above mentioned equities.

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