It's strange but true. A mysterious offer from a company called Sterling Global Holdings for a privatized buy-out of AMR has sent U.S. airline stocks heading for the clouds Wednesday. The company offered more than $3 billion to acquire American Airlines' parent company according to the Dallas Morning News, which received a letter from Sterling Global with details of the offer. The offer was for $9.75 per share, sending trading volume and the price of AMR shares up. The stock shot up 5% before tapering to a 4% gain.
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