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Qantas Buyout Seen as Shares Crash Below Asset Value
June 18, 2012
The stock price of Qantas Airways Ltd. is so beaten down that acquirers can buy Australia’s biggest carrier for less than its value in a fire sale. (Source: Bloomberg)
Running Time: 01:10
June 18 (Bloomberg) -- The stock price of Qantas Airways Ltd. is so beaten down that acquirers can buy Australia’s biggest carrier for less than its value in a fire sale. (Source: Bloomberg)
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