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United and Continental Said to Approve Merger
May 2, 2010, 5:25 pm
5:38 p.m. | Updated The parent company of United Airlines and Continental Airlines are expected to announce on Monday that they agreed to merge in a deal valued at nearly $3.2 billion, The New York Times’s Michael J. de la Merced and Jad Mouawad reported on Sunday, citing people familiar with the discussions.
The transaction would create the world’s biggest airline. The boards of both companies approved the all-stock transac
United and Continental Said to Approve Merger
May 2, 2010, 5:25 pm
5:38 p.m. | Updated The parent company of United Airlines and Continental Airlines are expected to announce on Monday that they agreed to merge in a deal valued at nearly $3.2 billion, The New York Times’s Michael J. de la Merced and Jad Mouawad reported on Sunday, citing people familiar with the discussions.
The transaction would create the world’s biggest airline. The boards of both companies approved the all-stock transac