Publications
Publications
  • March 1995 (Revised April 1995)
  • Case
  • HBS Case Collection

UAL Corporation

By: Stuart C. Gilson and Jeremy Cott
  • Format:Print
  • | Language:English
  • | Pages:24
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Abstract

In the largest attempted employee-buyout in history, a large U.S. commercial airline seeks substantial wage concessions from its employees in return for 53% stake in the airline's commmon stock and guaranteed seats on the board of directors. Management must convince employees, shareholders, Wall Street analysts, and the media that the buyout makes sense from value, operating, and strategic perspectives.

Keywords

Restructuring; Corporate Governance; Labor; Wages; Management Teams; Employee Ownership; Business and Shareholder Relations; Strategy; Value; United States

Citation

Gilson, Stuart C., and Jeremy Cott. "UAL Corporation." Harvard Business School Case 295-130, March 1995. (Revised April 1995.)

About The Author

Stuart C. Gilson

Finance
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