The agreement, which ends a three-month investigation by the Department of Justice, calls for certain slots to be divested, according to Reuters citing court documents.
Shares of U.S. Airways climbed about 3.5% in recent trade to $24.07. Its shares were halted earlier for the news.
The DOJ in August claimed that the merger would have far-reaching implications for the industry. It filed a lawsuit to block the deal on anti-trust grounds, though it did say it would be open to a settlement.
Read more: http://www.foxbusiness.com/industries/2013/11/12/report-amr-us-air-to-settle-anti-trust-suit-over-merger/
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