ylliX - Online Advertising Network
Company Ticker News

American Airlines launches rights issue plan to protect $16.5 billion tax benefit

American Airlines launches rights issue plan to protect $16.5 billion tax benefit

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

American Airlines Group Inc said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the industry grapples with the Omicron coronavirus variant.

...read full article on Reuters

ylliX - Online Advertising Network