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Air Transport Services Group, Inc. (NASDAQ:ATSG) shares are trading higher after the company disclosed that it will be acquired by Stonepeak for around $3.1 billion. According to the definitive ...
Stonepeak will pay $22.5 per share for the company, representing a 29.3% upside to Air Transport's closing price on Friday. Reuters reported on Sunday that Stonepeak was in advanced talks to take ...
Stonepeak (also known as Stonepeak Partners and Stonepeak Infrastructure Partners) is an American investment firm headquartered in New York City. The firm focuses on investments in infrastructure and more recently real estate. The firm has additional offices in Hong Kong, Houston, London, Sydney and Singapore.
Air Transport Services Group Inc. (ATSG) is an American aviation holding company which provides air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, is the world's largest lessor of converted Boeing 767 freighter aircraft through its ...
In March 2016, Amazon announced leases for 20 767s with its Wilmington operations to be supported by ATSG and its subsidiaries including Air Transport International, which served as Amazon's primary carrier. In this announcement, Amazon received options to purchase up to 19.9 percent of ATSG stock, exercisable over a five-year period. [15]
ATSG Airline Subsidiaries Complete Merger WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (NAS: ATSG) announced today the completion of the merger of two of its airline ...
On October 2, 2018, Air Transport Services Group (ATSG) announced it would acquire Omni subject to regulatory approval. [7] On November 9, 2018 Air Transport Services Group (ATSG) completed its $845 million acquisition of Omni. [8] In September 2019, Omni aided in the repatriation of British citizens after the collapse of the UK's Thomas Cook ...
The deal reflects the growing appeal of digital infrastructure assets as businesses' shift to online operations and the adoption of AI drive up demand for data centers. Boundary Street has more ...