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American-US Airways talks on tie-up may be knotted over Horton's role

Andrea Ahles

Skift Take

Horton's role and the composition of the board seem to be holding up a deal, which many view as inevitable.

A potential merger deal between American Airlines and US Airways remained in a holding pattern Monday, with an announcement possible Thursday, sources said Monday. Still unresolved was AMR Chief Executive Tom Horton's role in a combined company, as well as his compensation package. He reportedly is being offered the title of nonexecutive chairman for a limited time. The boards of directors for American's parent, AMR Corp., and US Airways are expected to meet Wednesday, The Wall Street Journal repor

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