Wednesday, April 25, 2012

Reuters: Mergers News: STXNEWS LATAM-Delta denies interest in larger stake in Gol

Reuters: Mergers News
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STXNEWS LATAM-Delta denies interest in larger stake in Gol
Apr 25th 2012, 18:44

Wed Apr 25, 2012 2:44pm EDT

Delta Airlines executives denied on Wednesday that they were considering increasing the company's stake in Brazilian airline Gol Linhas Aereas , during a conference call with analysts to discuss first-quarter results.

Brazilian newspaper Folha de S. Paulo reported on Tuesday that the airlines were in talks to raise Delta's stake in Gol from 3 percent to 20 percent.

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