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Joined: 19 Dec 2006 Posts: 2329 Location: Mumbai, India
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Posted: Fri Feb 16, 2007 2:41 pm Post subject: AA possible buyout target - BUSINESSWEEK |
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AA possible buyout target - BUSINESSWEEK
NEW YORK, Feb 15 (Reuters) - AMR Corp. (AMR.N: Quote, Profile , Research) , parent company of American Airlines, might be a buyout target of a group including Goldman Sachs (GS.N: Quote, Profile , Research) and British Airways (BAY.L: Quote, Profile , Research), say people familiar with the matter, according to the Feb. 26 edition of BusinessWeek magazine.
The proposed bid is said to be between $9.8 billion, or $46 a share, and $11.1 billion, or $52 a share, according to the magazine.
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