Description: The Justice Department said late Friday that it had cleared the planned $3 billion merger between United Airlines and Continental, lifting the biggest regulatory hurdle to the creation of the world’s top airline.

Source: NYTimes.com

Date: 08/27/2010

Link: http://www.nytimes.com/2010/08/28/business/28air.html?ref=business

Questions for discussion:

• Do you believe that the stocks and bonds of this new airline will be good investments?
• What are the risks for investors?
• Is the “all stock” financing of this deal meaningful in some way?