Royal, Canada 3000 Merge; Deal Worth C$84 Million

Royal Aviation and Canada 3000 have inked a deal giving Canada 3000 100% of Royal's shares. The combined company will be the second-largest carrier in Canada, employing 4,000. Canada 3000 will offer one common share for every 2.5 common shares of Royal in a deal valued at C$84 million that has been...

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