ACE Aviation Holdings, which was created in 2004 as part of Air Canada's restructuring and subsequently spun off AC and regional Jazz as independent entities, said yesterday that it has sold its remaining stakes in Aeroplan and Jazz as part of its plan to wind down operations within the next 3-6 months pending disposal of its assets (ATWOnline, May 12). It sold 19.9 million Aeroplan shares for C$349.3 million ($351.7 million) and 11.7 million Jazz units for C$85 million. It said it "retains ...

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