United, Continental hold preliminary talks: source
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UAL Corp.'s United Airlines and Continental Airlines have held preliminary talks about a potential merger as consolidation in the airline industry heats up, a source familiar with the situation said on Wednesday.
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The world&#39;s richest soccer club Manchester United says it has received a takeover approach from an unnamed suitor, sending its shares higher and fanning speculation that
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The meeting will be the first time the two airlines have met to discuss the bid since US Airways announced its offer.
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Negotiations between US Airways&#39; (UAIR:Nasdaq - news - research) management and pilots continued to show progress, with the pilots union expected to give the company another proposal Friday afternoon.
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Manchester United plans talks with its two largest shareholders to put an end to months of speculation about the club&#39;s future ownership.
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Manchester United have received a &quot;preliminary approach&quot; regarding a &quot;possible offer&quot; to takeover the club. The club&#39;s board said they are &quot;seeking clarification of this proposal&quot; and that at this stage &quot;it is unclear whether any offer will be made&quot;.
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The British soccer club Manchester United said on Monday that it had received a preliminary takeover offer, which one person close to the talks said was from the owner of the Tampa Bay Buccaneers, Malcolm Glazer.
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United Airlines  and Continental Airlines Corp  are in the "very initial stages" of merger talks, a source familiar with the matter said on Thursday.
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US Airways and its pilots union said on Saturday that they were willing to resume talks over a &#36;295 million package of concessions, as time ran short for the company to strike giveback deals with its labor groups and avert another trip into bankruptcy.
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Negotiators for the United Auto Workers and General Motors Corp. have resumed contract talks, but significant issues remain and a deal wasn't expected to be reached Saturday, according to a person briefed on the negotiations.
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Delta Air Lines Inc  has  started merger talks with UAL Corp.'s  United Airlines  and Northwest Airlines Corp. , and hopes to negotiate an  agreement with one of them in the next two weeks, The Wall  Street Journal reported on Tuesday.
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United Airlines is holding preliminary talks to merge with Continental Airlines.
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United Airlines could default on its bankruptcy financing agreement before the end of the year and is in talks with lenders about restructuring the deal, the company said on Thursday.
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U.S. hedge fund Polygon and Swiss investment bank UBS  are preparing a takeover offer for English Premier league soccer club Newcastle United , a source familiar with the talks said.
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United Airlines on Tuesday announced it has secured a tentative contract agreement with its pilots. The agreement makes the pilots the first of United&#39;s four big unions to come to initial terms.
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Negotiators from General Motors Corp and the United Auto Workers union made progress toward a new contract before taking a break late Saturday, people familiar with the talks said.
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General Motors Corp  and the United Auto Workers union could negotiate into next week after failing to produce a breakthrough on the thorny issue of health care costs, people briefed on the progress of the talks said on Thursday.