Air Canada Says Its Buying Rival Air Transat In A $520 Million Deal

Name: Air Canada Says Its Buying Rival Air Transat In A $520 Million Deal
Uploaded: 2019-07-12T05:14:18+00:00
Duration: 45 s
Channel: Entertainment (now)
Description: Air Canada has announced its intention to buy rival airline Air Transat, in a deal worth around $520 million. Air Canada announced the purchase on Thursday, according to Business Insider. A press release said that it will buy all all issued and outstanding shares of Transat AT, which owns Air Transat, for $13 per share.

Entertainment (now)

Air Canada has announced its intention to buy rival airline Air Transat, in a deal worth around $520 million.  Air Canada announced the purchase on Thursday, according to Business Insider.  A press release said that it will buy all all issued and outstanding shares of Transat AT, which owns Air Transat, for $13 per share.

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