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Transat Shares Post Huge Jump on Air Canada Upgraded Buyout Deal


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MIAMI – Shares of Canadian tour operator Transat jumped as much as 30% on Tuesday. The increase was due to Air Canada’s (AC) revised buyout offer. This raised optimism the once-shaken deal by the COVID-19 pandemic would now be completed. According to Reuters, on Saturday, AC reduced the offer to buy Transat by nearly 75% […]

The post Transat Shares Post Huge Jump on Air Canada Upgraded Buyout Deal appeared first on Airways Magazine.

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