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Continental Ends Merger Talks With United
Community
News
Industry News
Continental Ends Merger Talks With United
| Continental Ends Merger Talks With United |
| Monday, 28 April 2008 | |
|
It is believed that Continental decided to drop the merger discussions after United's parent company announced worse-than-expected earnings. Last week, United said it lost $537 million during its first quarter, based mainly on the skyrocketing costs of jet fuel. |
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