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Topic: Business
Number of pages / Number of words: 7 / 1825
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Acquisitions and mergers are also good for companies who are headed for bankruptcy yet still want to salvage some of the company's assets. In April 2001, TWA or Trans World Airlines assets were acquired by American Airlines. Another airline company that was actually acquired was Comair. Though the company initially did well, once they hit financial woes, they realized that being acquired could definitely keep them flying and in business...


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Though the company initially did well, once they hit financial woes, they realized that being acquired could definitely keep them flying and in business.

Comair was initially founded in 1977 in Cincinnati, Ohio by a father and son team. It is considered a regional airline and introduced regional jets to the North America industry in 1993...


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