UA intensifies merger talks with US

[KeithMEL]

http://online.wsj.com/article/SB1209...googlenews_wsj

United Airlines parent UAL Corp., spurned last month by Continental Airlines Inc., is intensifying merger talks with US Airways Group Inc. and a deal could emerge in as soon as 10 days, according to people familiar with the matter.

...

But a potential combination with US Airways carries large labor risks and regulatory uncertainties, say people familiar with the matter.

Numerous details still to be worked out could derail a deal, they caution.

[huaiwei]

Not exactly a positive development in my opinion, considering both are relatively badly managed. I would have preferred a CO-UA merger with a CO-dominated management.