AMR Investment Services’ sale has been slowed by questions of how to value the $11 billion in American Airlines pension and 401(k) assets managed by the firm, according to industry sources. Insiders say potential buyers are looking carefully at how the assets could be affected by a bankruptcy filing by AMR Corp., parent to American Airlines and AMR Investment.
William F. Quinn, AMR Investment president, declined to comment on reports that AMR was close to a deal with TA Associates or Affiliated Managers Group, but he did say a deal is not imminent.