Will U.S Airways Group’s Potential Merger Finalization Fly Well With These Top Institutional Shareholders?

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U.S Airways Group Inc. (NYSE:LCC) and AMR Corp. (AAMRQ.PK) are working overtime to finalize terms of their potential merger agreement so that their boards can vote on it by the scheduled date of February 11, which is also the date when bankrupt AMR Corp.’s creditors are scheduled to meet. If the deadlines are met, the merger could be announced as early as Tuesday, just before another deadline of February 15 when nondisclosure agreements with AMR’s bondholders are set to expire. Though a deal looks increasingly likely, the situation is still in flux and might well collapse. Some of the contentious issues include the proportion of ownership between the merged company’s shareholders of the United States airwaves and the creditors of AMR, as well as AMR’s retiree liabilities, excluding pensions, and the leadership of the new company.

Will U.S Airways Group, Inc.’s shareholders decrease their  holdings? They reported owning a total of 41.634 million shares on 12/31/2012. The shares closed at $13.50 on 12/31/2012.

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Here are the ten largest positions in US Airways Group, Inc. at the end of December 31st, 2012.

Vanguard Group Inc. held 10,931,725 shares on 12/31/2012 worth $147,578,288. This brought the portfolio total to 0.02%.

Manning & Napier Advisors LLP. held 4,673,269 shares on 12/31/2012 worth $63,089,132. This brought the portfolio total to 0.33%.

Wedge Capital Management LLP./NC held 2,953,280 shares on 12/31/2012 worth $39,869,280. This brought the portfolio total to 0.51%.

Marathon Asset Management LLP. held 2,741,275 shares on 12/31/2012 worth $37,007,213. This brought the portfolio total to 0.85%.

Eagle Asset Management Inc. held 2,488,612 shares on 12/31/2012 worth $33,596,262. This brought the portfolio total to 0.26%.

State of New Jersey Common Pension Fund A held 2,400,000 shares on 12/31/2012 worth $32,400,000. This brought the portfolio total to 0.18%.

Turner Investments L.P. held 2,216,443 shares on 12/31/2012 worth $29,921,981. This brought the portfolio total to 0.32%.

Strs Ohio held 1,260,800 shares on 12/31/2012 worth $17,020,800. This brought the portfolio total to 0.08%.

Bank of New York Mellon Corp. held 1,110,079 shares on 12/31/2012 worth $14,986,067. This brought the portfolio total to 0.01%.

Essex Investment Management Co. LLC. held 861,197 shares on 12/31/2012 worth $11,626,160. This brought the portfolio total to 2.03%.

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