United and Continental shareholders approve merger

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Shareholders at Continental and United airlines have approved the proposed merger of the carriers, paving the way for the airlines to close the deal by 1 October.

United says more than 98% of votes cast and 84% of outstanding shares voted by its shareholders approved of the merger, while more than 98% of votes cast at Continental and 75% shares outstanding voted by the carrier's shareholders endorsed the tie-up.

Continental and United have already received approval from US and European regulators for the merger. The new carrier will become United, with its aircraft featuring Continental's livery.