TAM President Libano Miranda Barroso told ATW in Panama City that the planned TAM/LAN Airlines merger will "have some similarity to the [British Airways] and Iberia merger" with both carriers' brands continuing to exist. The all-stock transaction, which the airlines aim to complete in the first half of next year, is valued at $3.7 billion and would create a parent company, LATAM Airlines Group, with combined annual revenue of $8.5 billion (ATW Daily News, Aug. 17). Relevant ...

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