July 21, 2004

Yahoo! News - United in Talks for New Bankruptcy Deal

"United in Talks for New Bankruptcy Deal

Tue Jul 20, 7:56 PM ET

By DAVE CARPENTER, AP Business Writer
CHICAGO - United Airlines is in advanced negotiations for a new bankruptcy financing package that would extend its funding in Chapter 11 bankruptcy through next summer, doubling the amount of cash available, sources familiar with the matter said Tuesday. "
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