• Air Canada shares at 20.35$ X .2862 = 5.82$ in AC shares
  • Air Canada will now pay $5 per share cash, valuing Air Transat at $190 million
  • Air Transat investors can choose between receiving a $5 cash payment or 0.2862 Air Canada shares per Air Transat share
LINK

https://onemileatatime.com/air-canada-cuts-air-transat-purchase-price/