Freshfields Bruckhaus Deringer has taken a role alongside a trio of US firms on the $3bn (£2bn) tie-up of United Airlines and Continental Airlines, reports The Am Law Daily. The deal, which has created the world's largest carrier by passenger traffic, will see the newly-merged company retain the name United. Both carriers had previously considered a merger two years ago, but that deal collapsed over concerns about oil prices and $537m (£353m) in first-quarter losses by United that year.
May 04, 2010 at 04:48 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has taken a role alongside a trio of US firms on the $3bn (£2bn) tie-up of United Airlines and Continental Airlines, reports The Am Law Daily.
The deal, which creates the world’s largest carrier by passenger traffic, will see the merged company retain the name United. Both carriers had previously considered a merger two years ago, but that deal collapsed over concerns about oil prices and $537m (£353m) in first-quarter losses by United that year.
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