After months of negotiation, Doug Parker, CEO of the US Airways announced that US Air and American have agreed to merge together creating the largest airlines in the world. The two companies agreed to an $11 billion deal allowing the American parent AMR to avoid bankruptcy. The combined carrier will be called American Airlines and [...]
DALLAS, Aug. 31, 2011 /PRNewswire/ – The following may be attributed to Wayne Watts, AT&T Senior Executive Vice President and General Counsel: We are surprised and disappointed by today’s action, particularly since we have met repeatedly with the Department of Justice and there was no indication from the DOJ that this action was being contemplated. We plan to [...]
DALLAS, Aug. 30, 2011 /PRNewswire/ – AT&T Inc. (NYSE: T) today committed that after closing its proposed merger with T-Mobile USA, it will bring back 5,000 wireless call center jobs to the United States that today are outsourced to other countries. Today’s commitment results from AT&T developing detailed analysis focused specifically on identifying opportunities with the T-Mobile merger to bring [...]
