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Air Canada TSX:AC has ended its pursuit to buy Transat AT TSX:TRZ . The news sent Air Canada stock up more than 3%, while Transat shares initially dropped more than 20% on the news.Why did Air Canada stock price rise Investors appear relieved that [url=https://www.stanley-cups.es]stanley cup[/url] Air Canada isn ;t going ahead with the purchase of the Canadian vacation company that is popular for its package deals. Air Canada originally agreed to pay $18 per share in June 2019, but the arrival of the pandemic before the deal closed changed the situation.Air Canada renegotiated the price to [url=https://www.stanley-cups.ca]stanley mug[/url] $5 last year, giving Transat a valuation of about $200 million. This looked like a great deal, especially if COVID-19 vaccination programs get to the point where Canada and Transat key destinations remove travel restrictions by the end of the year.The return of the business traveler is a wild card for Air Canada, so [url=https://www.stanley-cup.it]stanley cup[/url] the bet on vacation travellers made sense. Once people can go on holiday again, it is possible there will be a b Yaca These 3 Stocks Have Been TSX s Top Performers Over the Last 3 Years
Last year was an exciting one for shareholders of Canadian retailers, as there were a couple of very high profile acquisitions. Sobeys the largest division of Empire Ltd. TSX:EMP.A got the party started in June 2013, when it announced it would acquire the Canadian operations of U.S.-based grocer Safeway NYSE:SWY for $5.8 billion.Not to be outdone, a month later Loblaw Companies TSX: L announced plans to acquire Shoppe [url=https://www.stanley-quencher.us]stanley mugs[/url] r s Drug Mart TSX:SC for $12.4 billion, further strengthening the chain in general merchandise and pharmacy, two areas of relative weakness for the company. While Loblaw s sharehold [url=https://www.stanleywebsite.us]stanley bottles[/url] ers still have to approve the proposed deal, it looks like it s going to happen.This year could be another exciting time to be an investor in the Canadian retail s [url=https://www.stanley-mugs.us]stanley cup[/url] ector. Corporate debt is still cheap, the appetite for these deals is still strong, and retailers who have missed out on acquisitions over the past few years won t want to be left behind. I have a few ideas abou

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