Tilton tests his faith in mergers

Pletz, John; Merrion, Paul
April 2010
Crain's Chicago Business;4/12/2010, Vol. 33 Issue 15, p1
The article reports that Glenn Tilton, the chief executive officer (CEO) of UAL Corp., the parent of United Airlines is stressing to merge with Chicago's weakest major airline US Airways Group Inc. Business analysts informs that the proposed deal of Tilton is a ploy to lure Continental Airlines Co. CEO Jeff Smisek into negotiations. Vaughn Cordle, managing partner at Airline-Forecasts LLC estimates the merger of United and US Airways with combined market value of 6.34 billion dollars.


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