--United says to continue to pursue US Airways deal--
CHICAGO, July 12 (Reuters) - United Airlines parent company UAL Corp. (NYSE:UAL - news) said on Thursday that it will continue to pursue its proposed $4.3 billion takeover of US Airways (NYSE:U - news).
United Airlines, the No. 2 U.S. air carrier, said it recently proposed to US Airways that their merger agreement be scrapped, but US Airways rejected this idea.
Both airlines said in statements that they had provided the U.S. Department of Justice with the 21 days' advance notice required to obtain a determination of the department's position on the proposed deal.
US Airways said the airlines are ready to address any questions the department may have regarding the proposed merger.
Last week US Airways told its employees that the deal was no longer an option and said its board would meet next week to review its options.
Whats ganna happen now?
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