01-Jun-2011 3:52 PM
LAN interested in GOL stake should TAM deal fall through
Analysis
LAN Airlines is reportedly interested in acquiring a stake in Brazilian carrier GOL should its proposed merger with TAM fall through. Shares in GOL jumped 4% on Tuesday - its largest single-day gain for a month - while TAM shares were down 0.4% and LAN shares dropped back 1.3%.
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