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: Bodily Injury Blog

Suit Filed To Block UAL Purchase Of Continental

By Edward Bills

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A group of airline passengers have filed a lawsuit seeking to stop the merger of United Airlines and Continental Airlines Inc. The lawsuit claims that the merger is an attempt to form a monopoly, and would lead to higher prices and less services for the customer. United offered to purchase Continental in May in a $3 billion at-stock deal, but the merger must still be approved by the Department of Justice.

Full post as published by Bodily Injury Blog on June 30, 2010 (boomark / email).

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