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[QUOTE]Originally posted by wallymac: [QB] JBLU up on news Closed at 7.15 up 14%. The German carrier is buying 42 million newly issued common shares of JetBlue in a private placement for $7.27 a share, or a total of about $300 million. The purchase price represents a roughly 16% premium to Wednesday's closing price of $6.25. Lufthansa will get a seat on JetBlue's board and own 19% of JetBlue's equity after the share issuance. http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=JBLU&7665#ttop [/QB][/QUOTE]
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