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Why Transat’s best bet is Air Canada’s offer to buy it for $520 million

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Why Transat’s best bet is Air Canada’s offer to buy it for $520 million

Holiday travel company Transat AT Inc. decided the best way to keep its operations alive in a turbulent time is to sell its business to Air Canada, which has offered to buy its Montreal-based rival for $520 million.
Air Canada’s stock soared to a record high…
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