01-Oct-2009 1:16 PM
UAL Corporation announces public offering of common stock and convertible senior notes
Direct News Source
30-Sep-2009 UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Air Lines Inc., announced today that it plans to offer, subject to market and other conditions, 19 million shares of its common stock in an underwritten registered public offering. In connection with this offering, the company intends to grant the underwriters an over-allotment option with respect to an additional 2.85 million shares of its common stock.
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