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AMR Corp.'s $3.5 billion offer for Trans World Airlines could face some hurdles in the form of Carl Icahn and Continental Airlines. Icahn is putting together a rival plan -- and potentially a lawsuit -- for TWA, hoping to protect an agreement that lets him buy more than $610 million in TWA tickets at steep discounts. And now Continental says it may want to buy some of TWA's landing and takeoff privileges.
January 18, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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