Reuters and NYTimes disagrees with you.

https://www.reuters.com/article/us-u...00503?irpc=932

United Airlines parent UAL Corp will buy Continental Airlines Inc for $3.17 billion in an all-stock deal that will form the world’s largest carrier and potentially prune excess capacity in the airline industry.

https://www.nytimes.com/2010/05/03/b.../03merger.html

United is buying Continental, and the combined company will keep the United name and be based in Chicago.