Atlas Air has insisted that its sale to an Apollo-led consortium will go ahead this quarter, or Q1 next year, despite more lawsuits claiming it violated the Securities Exchange Act in its proposed deal.
With the latest lawsuit, filed yesterday, Atlas now faces action from four shareholders.
Announcing its third-quarter results, the carrier said its sale was on course. It told The Loadstar last month that the legal cases were “without merit”.
Its results, …
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