Air France KLM's nonbinding bid for Alitalia received unanimous approval from the Italian airline's board Friday, setting up an intriguing debate next month when the government will have to decide whether to turn over ownership and management of its flag carrier to a foreign company. The Italian government has indicated that it will have the final say on who buys its 49.9% stake (ATWOnline, Dec. 21), but the five-member AZ board made it clear Friday that it will be a strong advocate for the ...

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