Day: April 7, 2014

Legacy American Employees to Receive Day 120 Equity Distribution

We’ve shared before that the majority of U.S.-based legacy American employees are eligible to receive 23.6 percent of the shares of common stock in the new company (AAL) distributed to holders of allowed unsecured claims. As of March 9, American has distributed approximately 27.5 million AAL shares to eligible U.S.-based legacy American employees. With respect…