(Reuters) - CHICAGO, July 5 - AMR Corp. said on Thursday that unit American Airlines is expected to record a gain of about $140 million from the sale of shares in ARINC to an affiliate of Carlyle Group [CYL.UL].
The sale of its stake in ARINC, a provider of transportation communications and systems engineering, is expected to close by Oct. 31. AMR said it expects to receive proceeds of about $194 million.
Read more at Reuters.com Mergers News
The sale of its stake in ARINC, a provider of transportation communications and systems engineering, is expected to close by Oct. 31. AMR said it expects to receive proceeds of about $194 million.
Read more at Reuters.com Mergers News
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