Having rejected a takeover offer from Astar Air Cargo just a little more than three months ago, Ohio-based ABX Air yesterday became the acquirer, reaching a deal to purchase Cargo Holdings International of Orlando in a transaction valued at approximately $350 million. ABX described CHI as "a leading provider of air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements." CHI and its Cargo Aircraft ...

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