Tuesday, March 8, 2016

Shareholders Set Sights on Big Target With United Continental Board Fight – Wall Street Journal

Investors PAR Capital Management Inc. and Altimeter Capital Management LP are aiming high with their first activist campaign: United Continental Holdings Inc., the world's third largest airline.

The two investment funds, which together own 7.1% of United's stock, Tuesday nominated six directors to the airline's board. In a public letter, they…

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