Tuesday, September 26, 2023
Courthouse News Service
Tuesday, September 26, 2023 | Back issues
Courthouse News Service Courthouse News Service

Airline Merger Challenged

HOUSTON (CN) - Continental Airlines stockholders say the company is selling itself too cheaply to UAL, for 1.05 UAL shares for each share of Continental, (about $22.60 a share), or $3.14 billion, with "a whopping $175 million termination fee," in Harris County Court.

Categories / Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.