Aimia Closes Kognitiv Deal After Court Dismisses Air Canada Suit

CanadianPress

Aimia says it has closed a transaction with Kognitiv after the Quebec Superior Court dismissed an application from Air Canada to halt the merger. AC had argued the transaction would breach non-competition and confidentiality provisions included in Aimia's $516-million sale of loyalty program Aeroplan to Air Canada in NOV 2018.

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