Teller1900
En-Route
http://online.wsj.com/public/quotes/main.html?type=djn&symbol=CAL
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Continental Airlines Inc. and UAL Corp.'s United Airlines are expected to announce Monday that they are merging to form the world's largest airline, people familiar with the matter said.
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Continental already has agreed in theory to allow the combined airline to be based in Chicago, United's home base, and to retain the United name, according to those people familiar with the matter.
Jeff Smisek, Continental's chief executive officer, would become CEO of the merged carrier; Glenn Tilton, UAL's CEO, would become non-executive chairman for two years, after which Mr. Smisek would take over that role too, those people familiar with the matter said.
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