Matchup Yields Biggest Airline In The Biz... and Possible Woes
For Consumers
While most of us were trying to enjoy the weekend, the
powers-that-be at United and Continental were reportedly cooking up
a deal that was completed Sunday afternoon to merge the two
companies to create the world's 'Largest' airline. The estimated
$3.7 Billion dollar stock purchase would allow UAL to buy the
entire stock of Continental in an all-stock transaction that is
expected to close before the end of the year and will retain
United's brand name.