30-Aug-2010 3:20 PM
Continental and United Airlines merger cleared in the US
Analysis
North and South American airline shares soared on Friday (27-Aug-2010) after US Federal Reserve Chairman, Ben Bernanke, promised to take action, if required, to safeguard the country's economic recovery. Airline shares were also boosted by news the United Airlines and Continental Airlines merger plans have been cleared by the US Department of Justice.
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