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USA: JUSTICE DEPARTMENT GIVES AMERICAN'S PURCHASE OF TWA THE GO AHEAD

NEW YORK, The Justice Department antitrust division released a brief statement saying it decided to let the transaction between American and TWA go forward after investigating the merger and taking into account that TWA is in bankruptcy proceedings. American would pay $742 million for most of TWA's assets, including the fleet, and its bid includes the assumption of $3.5 billion in aircraft...

AVIONEWS - World Aeronautical Press Agency - 9829

AVIONEWS - World Aeronautical Press Agency
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