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GE Aircraft Unit to Buy Milestone for $1.78B

2014-10-13 21:41:55| Airlines - Topix.net

General Electric Co's aircraft leasing unit said it would buy Dublin-based helicopter leasing company Milestone Aviation Group for $1.78 billion. Milestone, co-founded by NetJets Inc founder Richard Santulli in 2010, owns a fleet of helicopters worth $2.8 billion and has placed orders worth $3 billion.

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