Cargojet soars as Amazon buys a stake in the Canadian carrier
Amazon says the deal with the cargo carrier will allow it to provide even faster service to Amazon customers in Canada
23 August 2019 - 17:49
Toronto — Cargojet soared to a record high after Amazon signed a deal that will allow the online retailer to buy a stake in the Canadian cargo carrier.
Under the agreement, Ontario-based Cargojet will issue warrants to Amazon in two tranches to purchase variable voting shares that will vest based on the achievement of certain commercial milestones...
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