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.

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