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-0.00481927710843377 0.000200803212851366 -0.00431726907630529 0.0029116465863453 0.00974899598393564 0.0123493975903613 0.00245983935742962 0.00321285140562242
Stock impact report

American Airlines dips after carrier rebuffs United merger approach [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
Airlines and had not held any such discussions, deflating prospects of a deal that would have ranked as the biggest airline consolidation in more than a decade. The company's stock slid 2.7% in the premarket trade by 05:43 ET. "While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers," American said, adding that such a deal would be inconsistent with its understanding of the Trump administration's approach to antitrust enforcement. United Airlines CEO Scott Kirby pitched a potential merger to President Donald Trump at a White House meeting in late February, according to Reuters. He argued that a combined carrier would be better positioned to compete in international markets, and highlighted the administration's focus on U.S. trade deficits, the report said. But a person close to the White House had told Reuters there was skepticism about the idea, given concerns over its effect on competi Show less Read more
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