Lester Benchmarking
Company 1 - United Airlines
Situation Facing Company
A current article in Business Week Online reports that UAL Corp., parent company of United Air Lines, has hired Goldman Sachs & Co. to advise it on financial alternatives including a possible merger. Crain’s Communications’ Chicago Business reported that people close to United expect Goldman to help the airline assess the value of its domestic and international holdings, advise it on sales or purchases of domestic or international routes and scout for mergers.
Company response to issue
United Air Lines (UAL) has been talking about a possible merger. UAL has reportedly hired Goldman Sachs & Co to advise them on their financial alternatives UAL has just emerged from bankruptcy. The company wants to assess the value of its domestic and international holdings and is seeking advice on sales or purchases of domestic or international routes that may be available for mergers. Two companies have been mentioned, Continental......
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Approximate Word Count: 480
Approximate Pages: 2 (250 words per double-spaced page)
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