Monday, September 27, 2010

Shareholders Say "Voltron Unite!" To United-Continental Merger

United and Continental are oh so close to merging, now that shareholders for both airlines have approved the deal.

Writes ChicagoBreakingNews.com:

Shareholders of United parent UAL Corp. met in Elk Grove Township on Friday morning to vote on the $3 billion stock swap. The companies expect the deal to close in the next two weeks.

The shareholder votes come just a few weeks after the Justice Dept. wrapped up its inquiry into the merger in a very timely fashion.

United shareholders approve Continental merger [ChicagoBreakingNews.com]


View the original article here

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