AMR Corporation Announcement & MultiCell Technologies Bullish Momentum: (OTCQB: AAMRQ), (OTCQB: MCET)
AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (LCC) announced last week that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine to create a premier global carrier, which will have an implied combined equity value of approximately $11 billion based on the price of US Airways' stock as of February 13, 2013.
View full press release