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Friday, March 9, 2007

Caribbean Star, LIAT, Close Merger Deal

After five months of negotiations and continuing efforts to align their operations, shareholders and key executives representing LIAT and Caribbean Star completed the merger agreement between the former competitors. The announcement was made following a meeting held in Antigua between the Prime Ministers of Antigua & Barbuda, Barbados and St. Vincent & the Grenadines, primary shareholders of LIAT, and Sir Allen Stanford, sole shareholder of Caribbean Star Airlines. For a complete report see the March 12 issue of Regional Aviation News. Related Story

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