United-Continental Merger – Antitrust Hurdle Overcome
08/30/2010 | Author Savita H.
United and Continental overcame a major hurdle when the Justice Department completed its antitrust review and closed its investigation into the proposed merger on Friday. Shareholders of the two companies, Continental Airlines, Inc. and United’s parent, UAL Corp., are scheduled to vote on the deal September 17th. The deal is expected to be finalized by October of this year.
The European Commission cleared the proposed merger in July. Relevant EU documents can be found with the following query in the Eurpopean Union database (EU-ALL):
CONTINENTAL AND UNITED-AIRLINES
The Department of Justice’s News Release announcing the close of its investigation related to this proposed merger can be found at: 2010 WL 3375271
Also try the following search in the ATRNEWS (Antitrust & Trade News) database for news items related to the proposed merger:
PR,CA,TI(CONTINENTAL & UNITED & ANTI-TRUST MERGER)
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