16-Mar-2009 5:30 PM
SAS shares fly as rights issue pleases investors. Finnair job reductions not so pleasing.
Analysis
Scandinavian Airlines' shares bounced 15.5% up as investors rushed to gain the right to purchase a low priced share-for-share in the issue announced on Friday. There was a double whammy for the stock, as Lufthansa hinted at continued interest in buying into SAS.
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