19-Oct-2005 10:07 AM
Squeeze-out procedure with cash compensation initiated for remaining publicly held SWISS Shares
Analysis
MUNICH (Lufthansa) - The Swiss company AirTrust AG has initiated a squeeze-out procedure with respect to the remaining publicly held SWISS shares. Following completion of the squeeze-out procedure, the SWISS shareholders affected by the squeeze-out will receive the same compensation for their shares as those shareholders who tendered their shares to AirTrust AG during the offer period. SWISS expects the squeeze-out process to be completed by the end of this year.
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