Quebec firm Group Mach takes on Air Canada with higher bid for Transat

Quebec real estate developer Group Mach Inc. has outbid Air Canada by offering a $527.6-million takeover proposal for tour operator Transat AT Inc. which includes trying to convince the Quebec government to finance nearly one-quarter of the purchase. The $14 per share offer comes after Transat announced last month it was in exclusive 30-day negotiations […]