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Air France-KLM says Alitalia bid no longer valid

April 21, 2008 on 6:01 pm | In Business News |

ROME (Reuters) - Air France-KLM formally withdrew its bid for Alitalia late on Monday, sharply reducing the chances that Europe’s biggest airline can be persuaded to buy the Italian flag carrier.

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Air France-KLM says Alitalia bid no longer valid

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