US Airways Group, the fifth-largest airline in the country, has retained Latham & Watkins for a potential merger with the bankrupt parent of American Airlines.
W. Douglas Parker, the CEO of US Airways, told analysts and investors on a conference call Wednesday that his airline had hired Latham, financial adviser Barclays, and restructuring adviser Millstein & Co-founded last year by former U.S. Department of the Treasury restructuring chief and ex-Cleary Gottlieb Steen & Hamilton partner James Millstein-to evaluate a tie-up with AMR.
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