ROME (AP) -- The Italian government said Wednesday it has approved an offer from a group of investors to buy the assets of the bankrupt Alitalia airline after getting them to raise the bid to at least $1.33 billion. The approval, announced by...

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2008-11-20 22:09:05 - the investors. «I formally accepted the offer,» Fantozzi said. «I wish the new Alitalia a lot of success. The new Alitalia is expected to launch Dec. 1 _ some two years after the government started the long...
MILAN, Italy - The deal to relaunch Alitalia as a leaner, more efficient carrier entered a final stage with the delivery Wednesday of the formal offer from a group of Italian investors to the bankrupt airline's administrator. Economic...
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