Braathens shareholders OK takeover
Scandinavian Airlines (SAS) said Monday that 98 percent of
the shareholders in rival domestic carrier Braathens had agreed
to accept SAS' takeover bid. Approval from at least 90 percent
was needed for the deal to go through.
SAS said it now expects the remainder of its terms to be accepted
SAS is buying up Braathens shares for NOK 27 each in a deal
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