'Inside Wall Street' notes fresh UAL-Continental deal rumours
(Source : MarketWatch, August 11, 2006)
Business Week says there's renewed market buzz going around that UAL and Continental might make for a good merger, particularly from the strategic standpoint of international travel. United is strong on overseas routes serving Asia, while Continental's international service is geared toward Europe destinations. A combined UAL-Continental would have revenue of about US$30b, or some 50% higher than AMR, according to the report in Business Week's 'Inside Wall Street' column. Business Week said neither UAL nor Continental would comment on merger rumours. Full Story
(Source : MarketWatch, August 11, 2006)
Business Week says there's renewed market buzz going around that UAL and Continental might make for a good merger, particularly from the strategic standpoint of international travel. United is strong on overseas routes serving Asia, while Continental's international service is geared toward Europe destinations. A combined UAL-Continental would have revenue of about US$30b, or some 50% higher than AMR, according to the report in Business Week's 'Inside Wall Street' column. Business Week said neither UAL nor Continental would comment on merger rumours. Full Story