Reports United Airlines (UAUA) Retains Goldman Sachs (GS) to Look at Strategic Alternatives

Crain's Chicago reports United Airlines (Nasdaq: UAUA) has retained Goldman Sachs (NYSE: GS) to explore strategic alternatives including possible mergers with other carriers.

The article states Goldman Sachs will help assess the value of the company's holding and look for possible merger partners. The article says Continental (NYSE: CAL) or Delta Air Lines (OTC: DALRQ) as the most likely merger candidates.