BREAKING NEWS: Quebecor to make offer taking TRANSAT privatevery soon.......... Air Canada's deal buying out Transat at 18$ is dead. Transat now trading at 5$ with deal deadline December 27
and Air Canada having option to cancel deal on September 27. No government review needed with Quebecor takeover.
With Onex taking Weatjet private recently the trend is there. Transat's travel business is 100% for vacations, so comeback is sure thing.
According to sources familiar with the matter.