sexta-feira, 17 de setembro de 2010

United, Continental merger approved

CHICAGO, Sept. 17 (UPI) -- United Airlines shareholders have overwhelmingly approved a deal to merge with Continental to create the world's biggest airline, company officials said.

Shareholders of United parent UAL Corp. met in Elk Grove Township Friday morning to vote on the $3 billion stock swap, the Chicago Tribune reported.

Meanwhile in Houston Continental shareholders were also approving the deal.

The companies expect the deal to close in the next two weeks, the Tribune said.

Industry analysts said the success of the merger between the two U.S. carriers would depend on more than just numbers on a page.

UPI