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Tam shareholders approve merger with Lan

03 January 2012

The merger is expected to be completed by the end of the first quarter.

Read more: Tam Lan LaTam shareholders Enrique Cueto Council for Economic Defence (CADE) Gaurulhos Airport

Tam shareholders have unanimously approved a merger with Chile’s Lan Airline’s today. Shareholders also accepted an exchange ratio of 0.9 Lan shares for each Tam share in an upcoming public exchange offering. A date has not been confirmed for the offering. ...



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