Astar Air Cargo last week made an unsolicited "indication of interest" to acquire ABX Air for more than $450 million in cash, calling the potential deal that would combine express delivery giant DHL's two largest US subservice airlines "an opportunity to realize extraordinary value." In a letter to ABX's board of directors, Astar Chairman, President and CEO John Dasburg wrote, "We believe that we would well serve our respective shareholders and other stakeholders by exploring a potential ...

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