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Several press reports say that merger talks between UAL (UAUA) and Continental (CAL) may be in trouble. The hang up is the price of each company's shares in a cashless merger. In other words ...
On 14 December 2010, Continental's parent Teledyne announced that Teledyne Continental Motors, Teledyne Mattituck Services, and its general aviation piston engine business would be sold to Technify Motor (USA) Ltd, a subsidiary of AVIC International, for US$186 million in cash. AVIC is a Chinese state-owned aerospace company.
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2018: Schaeffler acquired the drive-by-wire company Paravan for development of autonomous vehicle technology. [32] As of 2021, the family owned 46% of Continental shares and 49.94% of Vitesco Technologies. [5] 2023: Schaeffler and Vitesco Technologies Group AG signed a Business Combination Agreement [citation needed]
From January 2008 to April 2011, if you bought shares in companies when W. Ann Reynolds joined the board, and sold them when she left, you would have a 31.8 percent return on your investment, compared to a -8.9 percent return from the S&P 500.
From July 2011 to December 2012, if you bought shares in companies when William L. Davis joined the board, and sold them when he left, you would have a 49.3 percent return on your investment, compared to a 6.5 percent return from the S&P 500.
From January 2008 to December 2012, if you bought shares in companies when Randall L. Stephenson joined the board, and sold them when he left, you would have a -18.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois.UAL held a 100 percent controlling interest in United Airlines, Inc., one of the world's largest air carriers, and is a founding member of the Star Alliance.