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CHRRF - Chorus Aviation surged 32% on takeover offer
Chorus Aviation Inc
In response to the recent price appreciation, Chorus Aviation (CHRRF) on Friday had confirmed that it has received a preliminary, non-binding acquisition proposal from a third party.The company does not intend to make further comment unless or until there is a transaction to announce.CHRRF is down 62% YTD as aviation sector is still reeling under pandemic.Shares closed 32% higher on Friday to $2.33.Press Release