United Chooses Nasdaq Exch. And Boasts Financing

Law360, New York (January 24, 2006, 12:00 AM EST) -- When United Airlines holding company UAL Corp. comes out of bankruptcy next week, its stock will trade on the Nasdaq Stock Market, according to the latest in a string of announcements related to the carrier’s much-anticipated financial recovery.

UAL, which entered Chapter 11 bankruptcy protection in December 2002, will be traded under ticker symbol “UAUA.”

The development is a sign to investors that United’s reorganization plan is ready to be implemented, after it was approved by a federal bankruptcy judge earlier this month.

But that does...
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