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Strikes Hit Alitalia

Published on May 24, 2007 5:20 AM | Comments

This Alitalia situation is a mess:

"ROME (Reuters) - Twin strikes stranded thousands of Alitalia passengers on Tuesday as the Italian government said it was willing to quit the state-controlled airline entirely by selling its whole 49.9 percent stake."

I can't imagine Alitalia not surviving, but the recent share price (€0.88) sure makes it seem that it won't.

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