American, US Airways Merger Grounded by Government

American, US Airways Merger Grounded by Government Play

Aug. 23 (Bloomberg) -- The airline industry faces turbulence after the Justice Department's decision to block the merger of American & US Airways. On Bloomberg Government's "Capitol Gains" airing Sunday, former American Chairman & CEO Robert Crandall tells host Peter Cook the DOJ lawsuit was a "mistake." Crandall makes the case for the merger and predicts the airlines can win in court. (Source: Bloomberg)

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