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Delta, United and Copa offer to partner troubled Avianca airline

Hedge fund that holds Avianca stake as collateral, is helping to broker deal

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Published Tue, Dec 6, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    TROUBLE was brewing this summer at Avianca Holdings, Latin America's second-biggest airline.

    Tight on cash, the airline needed to raise money. For many on the board, one option was selling part of the company.

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