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Employee Ownership Update for December 10, 1999
National Center for Employee Ownership [NCEO]Link to more items from this source
Dec. 15, 1999
"Labor unions at United Airline have made it clear that they do not want to exchange further concessions for more stock in the company's ESOP. Company officials, meanwhile, have made it equally clear that further contributions to the ESOP are very unlikely absent these concessions. The result is that no further contributions will be made to the ESOP when its current loan is paid off next year. The plan would remain in place, however until its assets are paid out."

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