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Aviation Memorabilia Newsletter Since 1995

Aviation Memorabilia Newsletter

Since 1995

tmb ac transatAir Canada is in exclusive negotiations to buy the company that owns Air Transat, the two companies say.

The proposed deal would value Transat at $13 per share, a 22 per cent premium from the $10.58 a share the company was valued at on Wednesday. At $13, Transat is being valued at roughly $520 million.

(Source: cbc.ca)

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