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GOL Linhas Aereas Inteligentes SA (NYSE: GOL) has entered into definitive arrangements through an investment agreement with American Airlines Group Inc (NASDAQ: AAL). GOL will expand its commercial cooperation with American and an equity investment of $200 million by American in 22.2 million newly issued preferred shares of GOL through a capital increase for a 5.2% participation in GOL’s economic interest.
...read full article on Benzinga
