Delta to buy $56 million worth of GOL shares
Credit: Rob Finlayson
Delta Air Lines will deepen its ties to GOL, agreeing to invest up to $56 million in preferred shares newly issued by the Brazilian airline. Delta, which spent $100 million in 2011 to gain a stake in GOL and a seat on the carrier’s board of directors, has also agreed to guarantee a $300 million term...
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