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ABX Air Inc Sought After.

Publication: M2 Presswire
Publication Date: 29-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-HEADLINES: ABX Air Inc Sought After(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

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ASTAR Air Cargo Holdings LLC said Thursday 2007-06-28 it expressed interest to acquire ABX Air Inc. for $7.75 a share in cash, in a letter to shareholders of ABX Air.

The offer represents a premium of more than 7 percent to the stock's Wednesday closing price of $7.23.

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