WorldCorp To Buy Back 5 Percent Of World Airways Stock
WorldCorp plans to repurchase one-fifth of MHS Berhad's 24.9% stake in World Airways for potential acquisition in the future from a second foreign partner. WorldCorp will buy 500,000 of the 2.5 million shares MHS owns. The buyback, which requires approval of a majority of WorldCorp's subordinated...
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