United talks face big hurdles

Article Abstract:

Continental Airlines Inc states that it might intervene in the negotiation of United Air Lines Inc (UAL) to purchase America West Airlines Inc. This statement by Continental CEO Gordon Bethune came after speculation arose that a merger between UAL and America West will not likely to happen due to antitrust concerns. Continental says it might exercise its special veto power over any deal, including the first right of refusal to purchase Texas Pacific Group's shares. Texas Pacific holds 46.9% of America West's voting shares whereas Continental has 7.9% of the voting shares.

Asset sales & divestitures, Acquisitions & mergers, Scheduled Airlines, Scheduled Air Transportation, Airlines, America West Airlines Inc., Continental Airlines Inc., United Air Lines Inc.

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Hello, Hilton? I'd like a room on the moon

Article Abstract:

Hilton Hotels Corp is planning to conduct a symposium in its Los Angeles airport facility which will ask experts on the possibility of building hotels in space or in the moon. Hilton's London associate Hilton International has already indicated its initial interest in a $15 billion moon base. Engineers of the aerospace firm Space Island Group estimate that building a space-based hotel would have a cost of $10 billion.

Hotels (except Casino Hotels) and Motels, Hotels & Motels, Hilton Hotels Corp.

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