Pinnacle Airlines bought out all of Northwest Airlines' common stock holdings in the regional carrier. Pinnacle announced the purchase of 2.5 million shares from NWA for $13.22 per share, or $32.9 million. It also agreed to purchase the Class A Preferred Share retained by NWA in January. It has repurchased 4.5 million shares of its common stock since launching a repurchase program in May, leaving 20% of total shares outstanding. "With the restructuring of our airline services agreement ...

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