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CANADA 3000 TO TAKE OVER ROYAL AIRLINES

TORONTO, CANADA 3000 Inc. and Royal Aviation Inc. today announced an agreement whereby CANADA 3000 will offer to acquire 100% of the shares of Royal. The combined company is Canada's second largest passenger airline. The total value of the transaction is approximately $84 million.

AVIONEWS - World Aeronautical Press Agency - 7387
Rome, Italy, 01/29/2001 15:39
AVIONEWS - World Aeronautical Press Agency

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