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American's parent company, AMR Corp., filed for Chapter 11 bankruptcy protection. On the same day, former CEO Gerard Arpey stepped down and American named Horton as its new CEO. Within weeks, Parker started to publicly call for a merger
American's parent company, AMR Corp., filed for Chapter 11 bankruptcy protection. On the same day, former CEO Gerard Arpey stepped down and American named Horton as its new CEO. Within weeks, Parker started to publicly call for a merger