United-Continental’s USD3 billion deal to yield USD1.2 billion in value - conservatively
Although stories over the weekend cautioned that a deal between United and Continental could fall apart just as it did two years ago, it was to no one’s surprise that the two airlines announced their plans to merge in a USD3.1 billion, all-stock deal, based on Friday’s stock prices, that will ultimately yield USD1 billion to USD1.2 billion in long-term value.
