Continental, United airlines shareholders to vote on merger Friday
Continental and United shareholders will vote on Friday 17-Sep-2010 on the USD3.2 billion merger between the airlines (Cleveland.com, 15-Sep-2010). Stockholder meetings will be held in Continental’s Houston headquarters and United’s Chicago headquarters, with votes to be release shortly after the meetings on Friday. Meetings have been held in Denver between the airlines’ managements and Air Line Pilots Association. Union representatives from both airlines have previously stated that they consider the merger to be in the best interests of the two airlines.