Wednesday, July 25, 2007

UPDATE 1-Astar withdraws indication of interest for ABX Air

(Reuters) - On July 24, ABX Air's Chief Executive Joseph Hete had
informed Astar that the company was determined not to proceed
with the proposal, Astar said in a statement.




Astar, in a letter to ABX board, said it has now decided to
pursue other alternatives, adding that it believes its proposal
reflects "a full and fair price" to ABX shareholders.


Read more at Reuters.com Mergers News

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