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Air France-KLM Abandons Alitalia Talks: Source

Reuters
Wednesday, 2 Apr 2008 | 1:20 PM ET

Air France-KLM has abandoned talks with Alitalia's unions after refusing to accept their demands, a union source said.

Alitalia had set Wednesday as the deadline by which unions must get on board with its planned takeover by Air France-KLM or have the deal collapse.

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