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El Al Israel, Arkia Airlines in Merger Talks

MIAMI – El Al Airlines (LY) has informed the Tel Aviv Stock Exchange (TASE) that it is in preliminary talks to purchase Israeli competitor Arkia (IZ). Israeli business news outlet Globes reports today that LY has begun discussions with IZ over a possible agreement in which the firm would buy IZ’s shares in exchange for […]

The post El Al Israel, Arkia Airlines in Merger Talks appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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