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.

Sponsored Links
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 deals and combining reservation systems. The new airline would be called United and be based in Chicago. The current Continental CEO would run the new company.
Read Full Story

Markets

NASDAQ 6,889.16 21.80 0.32%
S&P 500 2,602.42 5.34 0.21%
DJIA 23,557.99 31.81 0.14%
NIKKEI 225 22,550.85 27.70 0.12%
HANG SENG 29,866.32 158.38 0.53%
DAX 13,059.84 51.29 0.39%
USD (per EUR) 1.19 0.01 0.71%
USD (per CHF) 0.98 0.00 -0.23%
JPY (per USD) 111.51 0.27 0.25%
GBP (per USD) 1.33 0.00 0.25%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.