
Will UAL Corp (UAUA) merge or be acquired by another company before December 31, 2009?
UAL was not acquired and did not merge by the end of 2009
Background:>
CHICAGO (Reuters) - UAL Corp (UAUA.O: Quote, Profile, Research, Stock Buzz), parent of United Airlines, on Wednesday said it would lay off almost 1,200 workers as part of a previously announced plan to trim staff by 7,000 jobs.
The layoffs are planned for early next year, a UAL spokeswoman said. Similar notices would continue into 2009, she said.
The company had 55,000 workers when the cuts were first announced.
The airline industry, battered severely this year first by soaring fuel costs and later by sagging travel demand, has been rapidly downsizing to regain stability.
http://www.reuters.com/article/ousiv/idUSTRE4B27R620081203
Settlement details:As reported by a major mainstream news source.
- Activity: H$33,214 |
- Predictions: 40 |
Comments: 0
Suspend date: Thu 24th Dec 2009 11:59pm PST
Settlement date: Sat 16th Jan 6:18am PST
Prediction cut-off: Predictions on this question after Thu 24th Dec 2009 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 30%, No: 50%, Other (bailout, bankrupt): 20%
Action history:
Suspend date: Thu 24th Dec 2009 11:59pm PST
Settlement date: Sat 16th Jan 6:18am PST
Prediction cut-off: Predictions on this question after Thu 24th Dec 2009 11:59pm PST have been voided because they were made after the question could be settled details
Predictions (40)
Comments (0)
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