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Home Airlines United Airlines

United Airlines Takes $10.5 Million Stake in Affiliate Mesa

2 weeks ago
in United Airlines
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United Airlines took a nearly 10 percent stake in its regional partner Mesa Airlines in a deal unveiled after markets closed. The transaction is worth an estimated $10.5 million based on the closing price of Mesa’s stock of $2.61 per share on Monday.

The 4.04 million shares were issued as part of a larger deal including, additional flying for United by Mesa, that the two airlines reached in December, a filing with the Securities & Exchange…

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