The advantage to American is they could buy assets very cheaply, since TWA has very low equity value, and also it would prevent another airline from moving into St. Louis and competing with American if TWA were to fail,  -   Ray Neidl     Quotes
The advantage to American is they could buy assets very cheaply, since TWA has very low equity value, and also it would prevent another airline from moving into St. Louis and competing with American if TWA were to fail, Ray Neidl
 Value