(Reuters) - United Airlines parent UAL Corp (UAUA.O) won U.S. antitrust approval on Friday to acquire Continental Airlines (CAL.N), a deal that will create the world's largest air carrier.
The Justice Department said it closed its investigation into the deal after the combining airlines agreed to give up some takeoff and landing rights at its Newark airport hub to low-fare carrier Southwest Airlines (LUV.N). (Reporting by Jeremy Pelofsky and James Vicini; Editing by Gary Hill)
I wonder how much of this "Agreement" the Airlines actually had a say in.......Looks like another Government attempt to help prop up Southwest.
Oh well, maybe the pizza parties extend to the DOT and Justice Department.......I'll bet they love the big screen!!
Right Lumberg! How long was Delta on the Govt. Nipple?