Tom Horton

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Judge Balks at CEO Payout in American Airlines Merger

He approves deal but won't sign off on $20M severance

(Newser) - A bankruptcy judge today signed off on a proposed merger between American Airlines and US Airways that would create the world's biggest airline, but he's not quite ready to approve a fat severance package for outgoing American CEO Tom Horton, reports the Wall Street Journal . The two companies...

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