U 
		
				
			
		UAL_TECH
Guest
Not necessarily so.  True, UAL corp. can do anything it wants with the assets but to increase the value, a reasonably contented workforce will bring a higher price, better interest rate, and greater investor confidence (influx of more capital).  If a merger/takeover offered a promise of enhanced employee equity, then it may well be accepted over the status quo.
JMHO,
B) UT
				
			JMHO,
B) UT
	