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| | The New York Times > Business > World Business > Lufthansa Negotiating to Take Over Swiss International Air ... (Site not responding. Last check: 2007-11-06) |
 | | The purchase of Swiss, which was valued at 547.8 million Swiss francs, or $476.4 million, at the close of business on Friday, would complete the transformation of Switzerland's lone major carrier, which as Swissair went bankrupt in 2001 before being reborn as Swiss the following year. |
 | | Swiss shares, which are highly illiquid because of an unusual ownership structure, fluctuate wildly and the Zurich exchange has occasionally suspended trading in them. |
 | | In doing so, Swiss would enter into competition with the other two major alliances that include European carriers - the oneworld association, anchored by British Airways and American Airlines, and the Skyteam alliance, which includes Delta in the United States and Air France-KLM, currently the most notable cross-border European merger in the airline industry. |
| www.nytimes.com.cob-web.org:8888 /2005/03/13/business/worldbusiness/13cnd-lufthansa.html?ex=1268456400&en=3c444e519bf26549&ei=5090&partner=rssuserland (553 words) |
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