United CEO: Market appears favorable for merger

02/16/2010 | Financial Times (tiered subscription model)

Glenn Tilton, chairman and chief executive of United Airlines, says there may be benefits in revisiting merger talks with Continental Airlines, since the market approved of Delta's takeover of Northwest. "The market capitalization of Delta is approximately twice the combined market capitalization of United and Continental," he said. "The investor seems to have spoken. The market seems to have suggested that scope and scale in a global business are important."

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