<i>Details of bid posted on subsidiary’s Web site</I>
(September 10 – 12:30 ET) – Onex Corp. today said its takeover offer for Air Canada has been mailed to the airline’s shareholders.
The bid, part of the company’s plan to merge Air Canada with Canadian Airlines, is open until Nov. 9 at 17:00 ET.
Air Canada shareholders are offered a choice of one common share of a new Onex subsidiary or $8.25 in cash for each of their shares.
For more please see:
www.airco.ca
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