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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:16 EDTAFLYYAir France-KLM says it's not buying Alitalia, Reuters reports
Air France-KLM (AFLYY) denied a report in Il Messaggero that it was in advanced talks to buy out Italian investors in Alitalia and take control of the airline, reports Reuters. The paper reported that Air France-KLM, which has held 25% of Alitalia since January 2009, would offer remaining shareholders a 20% premium on what they paid in 2008. Reference Link
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