Continental, United Close Merger Deal

United

Continental Airlines (CAL) and UAL Corp (UAUA), owner of United, closed their merger deal Friday, creating the world’s largest air carrier, called United Airlines.

The new holding company, United Continental Holdings, will begin trading today on the New York Stock Exchange under the ticker “UAL,” Reuters said.

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Jeff Smisek, formerly CEO of Continental, will serve as CEO of the new…

Continue reading Continental, United Close Merger Deal

Continental, United Close Merger Deal originally appeared on DailyFinance on Fri, 01 Oct 2010 08:27:00.

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United and Continental Shareholders to Vote on Merger

Shareholders of United’s parent company UAL Corp (UAUA). and Continental Airlines (CAL) will vote today on a merger deal that would create the world’s biggest airline. Results of the votes are expected later today, The Associated Press reported.

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If shareholders vote in favor, the deal may close in the next two weeks. Then the new company will have to tackle issues including labor…

Continue reading United and Continental Shareholders to Vote on Merger

United and Continental Shareholders to Vote on Merger originally appeared on DailyFinance on Fri, 17 Sep 2010 07:18:00.

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