US Airways Holders Back Purchase by UAL

US Airways Group Inc. stockholders overwhelmingly backed management’s plan for the airline to be purchased by United Airlines parent UAL Corp. for $60 a share. With US Airways shares stuck at about $32 recently, a final tally of votes at a special shareholder meeting showed 98.5% of ballots in favor of the $4.3-billion deal that was first announced in May. The merger of Arlington, Va.-based US Airways, the No. 6 U.S. airline, with UAL, the world’s biggest carrier, is still subject to antitrust review by the Justice Department, with input from the Transportation Department. Some industry watchers have questioned whether the deal can be approved in its current form, given that the government has gone to court against a lesser deal by Northwest Airlines Corp. to acquire a 14% stake and voting control of Continental Airlines Inc. UAL fell $1.56 to close at $38, while US Airways closed up 44 cents at $31.81, both on the NYSE.