Astar Air Cargo yesterday withdrew its "indication of interest" in acquiring fellow DHL subservice carrier ABX Air for more than $450 million in cash. The move came a day after ABX President and CEO Joe Hete informed Astar Chairman, President and CEO John Dasburg that the proposed acquisition had been "unanimously rejected" by ABX's board (ATWOnline, July 25). Dasburg wrote yesterday in a brief letter to the ABX board that Astar's proposed offer of $7.75 per share represents "a full and fair ...

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