Air Canada parent ACE Aviation Holdings is selling 35% of its holding in US Airways Group to PAR Investment Partners LP. ACE invested $75 million to acquire 5 million shares representing 7% in the reorganized US Airways when it emerged from bankruptcy last September. ACE said net proceeds from the sale of 1.75 million shares will amount to $67 million, or 90% of its original investment, and it still holds 3.25 million shares worth nearly $123 million at Tuesday's midday price of $37.83 per ...

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