UAL puts Continental talks on front burner

Posted April 19, 2010 at 2:34 p.m.

From Bloomberg | United Airlines parents UAL Corp. says it has tabled merger talks with US Airways to pursue its bid for Continental. “Given the right terms, United would probably prefer to partner with Continental,” said Matthew Jacob, a New York-based analyst at Majestic Research LLC who doesn’t rate either airline. “Having it be made public that US Airways and United were in talks probably spurred Continental into action.”

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