FL Group Now Largest AMR Shareholder

Well, isn’t this interesting? FL Group, which took a substantial position in AMR earlier this year, said today that it has increased its position in AMR to 8.63%. Unless one of the two biggest AMR shareholders has recently upped their positions, that would indeed make FL Group the largest single AMR shareholder.

Very interesting. Because as we all know, investment funds like this don’t take a position in a company unless they see a potential for turning a nice profit. And I can’t see that happening unless some kind of “deal” is part of the short-term landscape.

Ticker: (NYSE:AMR)