Spotlight: Platinum Equity Snaps Up AMR Unit

AMR Corp., parent of American Airlines, agreed to sell its telemarketing unit to Platinum Equity Holdings of Los Angeles for an undisclosed sum. Closely held Platinum Equity is an investment group that acquires and manages technology and service companies. AMR’s TeleService Resources unit had sales of $134 million last year. The sale is the second this month for Fort Worth, Texas-based AMR, which wants to concentrate on running the airline, its core business.