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Amazon Air takes stake in ATSG

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Amazon Air takes stake in ATSG

Amazon Air has taken a $132m stake in Air Transport Services Group (ATSG) by exercising the warrants it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per share, ATSG disclosed in an SEC filing. Amazon also purchased 865,548 shares of Ohio-based ATSG common s...

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