Wednesday, April 20, 2016

UPDATE 4-United Airlines bows to activists, adds directors

April 20 (Reuters) - The agreement by United Continental

Holdings Inc to install airline industry veteran Robert

Milton as non-executive chairman represents a partial victory

for two first-time activist hedge funds, and puts an expert at

turnarounds in the seat next to Chief Executive Oscar Munoz as

he tries to fix United's operational problems.

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