11-Jun-2010 5:35 PM
Change in ownership position at GOL; worst is over for Southwest; Spirit pilot strike looms
Analysis
Shares in Brazilian LCC GOL gained 4.6% yesterday, following a 3.4% reduction on 09-Jun-2010. AllianceBernstein and its affiliate AXA Investment Managers announced the acquisition on 09-Jun-2010 of 8.7 million preferred shares in the carrier, corresponding to 6.6% of all shares of such class. This is a minority investment that does not involve a change in the composition of corporate control or a change in the management structure of GOL.
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