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CONTINENTAL REITERATES PLANNED TREATMENT OF CURRENT SECURITIES

 CONTINENTAL REITERATES PLANNED TREATMENT OF CURRENT SECURITIES
 NEW YORK, Nov. 9 /PRNewswire/ -- Continental Airlines announced today that its acceptance of the investment proposal of Air Canada/Air Partners L.P. does not affect the proposed treatment of the company's current common stock, preferred stock and subordinated debt. The company has previously stated in documents filed with the Securities and Exchange Commission and with the bankruptcy court that the current common stock, preferred stock and subordinated debt will be eliminated in the final plan of reorganization.
 -0- 11/9/92
 /CONTACT: Continental Airlines corporate communications, 212-704-8979/ CO: Continental Airlines ST: Texas IN: AIR SU:


CK-WB -- NY038 -- 8603 11/09/92 10:30 EST
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Publication:PR Newswire
Date:Nov 9, 1992
Words:112
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