United Airlines sells $1 billion of stock in fresh move to weather pandemic
United Airlines Holdings Inc (UAL.O) on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic. The offer of 39.25 million shares, underwritten by Morgan Stanley and Barclays, was priced at $26.50 per share, United […]
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