A few months ago, when Delta and Northwest started discussing the option to merge the rumors were that 30-60 days after that happen Continental will announce a merger with United. So now that this merger is announced we will have to wait and see if this will actually happen. Another thing that you can do is use this nice flash application available from Bloomberg and see how different mergers could look like. It is very interesting to use the facts available there and see how it affects the market.
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