UA and CO Boards and (as of 9/18/10) shareholders OK merger
May 2, 2010, 2:18 pm
#1
Original Poster
Join Date: Feb 2006
Posts: 1,686
UA and CO Boards and (as of 9/18/10) shareholders OK merger
Looks like the United board has (unsurprisingly) approved the merger. Waiting on CO now:
http://www.bloomberg.com/apps/news?p...d=aE7yb.yhoUz0
http://www.bloomberg.com/apps/news?p...d=aE7yb.yhoUz0
May 2, 2010, 2:26 pm
#2
Join Date: Jul 2008
Location: LOS Angeles
Programs: UA 1K, AA PLT, BA Gold
Posts: 350
How long will it take for the merger to be approved by the DOJ. I saw with Delta the merger was announced in April and the shareholders didn't vote until September. Is this the same path we will see with the CO-UA merger? Also what do people believe will happen with GS. Will the level of spend required to get an invite be lowered?
May 2, 2010, 2:32 pm
#3
Original Poster
Join Date: Feb 2006
Posts: 1,686
How long will it take for the merger to be approved by the DOJ. I saw with Delta the merger was announced in April and the shareholders didn't vote until September. Is this the same path we will see with the CO-UA merger? Also what do people believe will happen with GS. Will the level of spend required to get an invite be lowered?
http://www.startribune.com/business/80446977.html
Essentially it was:
- 5 months after announcement to get Shareholder approval
- 6 months to get DOJ approval and immediately consummate the merger
- 11 months to start combining airport ops and signage
- 18 months to get to FF program integration
May 2, 2010, 2:37 pm
#4
Join Date: Jul 2007
Programs: UA 1K MM, Alaska MVP Gold 75K, AA PLT
Posts: 1,082
I think ORD4R nailed it right on point. Until the "O" positions are filled, there is no telling what could happen. For better or worse...speculation does us no good. We all love E+. They know that. We don't want less F seats. They know that. We don't want a watered-down SWU program. They know that. They read FT and they know what we think. But what matters is the bottom line...and only time can tell.
May 2, 2010, 2:42 pm
#5
Suspended
Join Date: Sep 2004
Location: USA
Programs: UA/CO(1K-PLT), AA(PLT), QR, EK, Marriott(PLT), Hilton(DMND)
Posts: 9,538
Timeline for Delta is here:
http://www.startribune.com/business/80446977.html
Essentially it was:
http://www.startribune.com/business/80446977.html
Essentially it was:
- 5 months after announcement to get Shareholder approval
- 6 months to get DOJ approval and immediately consummate the merger
- 11 months to start combining airport ops and signage
- 18 months to get to FF program integration
May 2, 2010, 3:12 pm
#6
Join Date: Feb 2003
Programs: UA1K, *G & Wife of UA1K MM
Posts: 3,431
I'm excited about the prospect. I know fares will likely go up across the board, but I'm so tired of looking over my shoulder (the fear of United filing bankruptcy again) and trying to quickly burn miles just to stay "safe".
The new airline will be healthy. We just have to hope we get the best of UA and CO - each has great qualities to offer.
The new airline will be healthy. We just have to hope we get the best of UA and CO - each has great qualities to offer.
May 2, 2010, 3:20 pm
#7
Join Date: Feb 2008
Location: Lahaina, HI & Los Angeles, CA
Programs: UA GS
Posts: 2,403
May 2, 2010, 3:37 pm
#8
Join Date: Feb 2008
Location: Lahaina, HI & Los Angeles, CA
Programs: UA GS
Posts: 2,403
If you have not had the privilege to check out the CO board on the merger, I encourage you to take a look. There are a lot of immature bozos over there that really don't want this thing to do through. Boy, are they going to be disappointed on Monday!
More importantly, I sure hope that the Mileage Plus format to our forums survives the CO nonsense. It looks like some 75% or so of their posts falls into one thread called "Penalty Box". Give me a break.
More importantly, I sure hope that the Mileage Plus format to our forums survives the CO nonsense. It looks like some 75% or so of their posts falls into one thread called "Penalty Box". Give me a break.
May 2, 2010, 3:43 pm
#9
Join Date: Mar 2010
Location: Los Angeles
Programs: UA, Marriott
Posts: 105
looks like the merger/acquisition is official.
May 2, 2010, 3:45 pm
#10
Join Date: Mar 2009
Posts: 2,293
Yup, story on WSJ: http://online.wsj.com/article/SB1000...atestheadlines
May 2, 2010, 3:45 pm
#11
Join Date: Feb 2008
Location: Lahaina, HI & Los Angeles, CA
Programs: UA GS
Posts: 2,403
May 2, 2010, 3:48 pm
#12
Join Date: Mar 2009
Posts: 2,293
And now the NYT: http://dealbook.blogs.nytimes.com/20...h-continental/
May 2, 2010, 3:57 pm
#13
FlyerTalk Evangelist
Join Date: Nov 2009
Location: Northeast Kansas | Colorado Native
Programs: Amex Gold/Plat, UA *G, Hyatt Globalist, Marriott LT Gold, NEXUS, TSA Disparager Unobtanium
Posts: 21,600
If you have not had the privilege to check out the CO board on the merger, I encourage you to take a look. There are a lot of immature bozos over there that really don't want this thing to do through. Boy, are they going to be disappointed on Monday!
More importantly, I sure hope that the Mileage Plus format to our forums survives the CO nonsense. It looks like some 75% or so of their posts falls into one thread called "Penalty Box". Give me a break.
More importantly, I sure hope that the Mileage Plus format to our forums survives the CO nonsense. It looks like some 75% or so of their posts falls into one thread called "Penalty Box". Give me a break.
In addition, they have more than 1 thread discussing the merger. It seems that each day a few more pop up. I propose that the UA mods are kept on as mods of the combined airline thread!!
May 2, 2010, 4:03 pm
#15
Join Date: Mar 2009
Posts: 2,293
This story has some details: http://www.chron.com/disp/story.mpl/...s/6986235.html
Interesting to see they're (for now) are keeping all hubs. Surprising to me. I guess time with tell.
Interesting to see they're (for now) are keeping all hubs. Surprising to me. I guess time with tell.