Midnight Mike
2008-04-26, 12:20 PM
April 26, 2008
Continental and United Said to Be Closer to a Merger
United Airlines and Continental Airlines are getting closer to a merger agreement and would like to wrap up a deal by the end of next week, people with direct knowledge of the discussions said Friday.
The negotiations, which have been under way for months, accelerated after Delta Air Lines and Northwest Airlines announced a $3 billion deal on April 14 that would create the nation’s biggest air carrier.
The talks between United and Continental are in an advanced stage but are not yet complete, the people who had been briefed on them said. They requested anonymity because the talks were private.
http://www.nytimes.com/2008/04/26/busin ... ref=slogin (http://www.nytimes.com/2008/04/26/business/26air.html?_r=1&pagewanted=print&oref=slogin)
Continental and United Said to Be Closer to a Merger
United Airlines and Continental Airlines are getting closer to a merger agreement and would like to wrap up a deal by the end of next week, people with direct knowledge of the discussions said Friday.
The negotiations, which have been under way for months, accelerated after Delta Air Lines and Northwest Airlines announced a $3 billion deal on April 14 that would create the nation’s biggest air carrier.
The talks between United and Continental are in an advanced stage but are not yet complete, the people who had been briefed on them said. They requested anonymity because the talks were private.
http://www.nytimes.com/2008/04/26/busin ... ref=slogin (http://www.nytimes.com/2008/04/26/business/26air.html?_r=1&pagewanted=print&oref=slogin)