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WestJet Airlines sold for $5bn

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WestJet Airlines sold for $5bn

WestJet Airlines has been sold to Onex Corp. in deal worth $5 billion, including assumed debt. WestJet will retain its headquarters in Calgary, but operate as a privately-held company, the company says. Under the terms of the deal, WestJet shareholders will receive C$31 for each share held, represe...

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