Qantas shares up 9.3 pct on merger talks with BA

Tue Dec 2, 2008 11:09pm GMT
 
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SYDNEY, Dec 3 (Reuters) - Shares in Qantas Airways Ltd (QAN.AX), Australia's top airline, rose as much as 9.3 percent in early Wednesday trade following news it was in merger talks with British Airways Ltd (BAY.L).

By 2307 GMT, Qantas shares were up 21 cents at A$2.46, in a broader market up 1.7 percent.

For more see: [ID:nL2496487] (Reporting by James Thornhill)

 
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