Travel News - Delta & Continental in 'study phase' of Potential merger

6/23/00 - Delta Air Lines (NYSE: DAL) is in the "study phase" of a potential merger with Continental Airlines (NYSE: CAL) , according to reports credited to USA Today. The story cited Delta CEO Leo Mullin but didn't say whether he has been in direct contact with Gordon Bethune, his counterpart at Continental. Bethune's company turned down an offer from Delta in 1998.

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