Continental and Northwest airlines have agreed on terms governing the sale to Continental of common stock held by Northwest
Continental and Northwest airlines have agreed on terms governing the sale to Continental of common stock held by Northwest. Continental will repurchase about 6.7 million Class A shares for $450 million in cash. Northwest will retain about 2.6 million shares of Continental's Class B common stock, or...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.


