Golden Falcon Acquisition Corp. (GFX) to Combine with MNG Airlines in $676M Deal

Golden Falcon Acquisition Corp. (GFX) to Combine with MNG Airlines in $676M Deal

Golden Falcon (NYSE:GFX) has entered into a definitive agreement to combine with freight aviation company MNG Airlines at an enterprise value of $676 million, or 5.8x its LTM adjusted EBITDA. Istanbul-based MNG Airlines operates air freight services to four continents with a fleet of nine jets. The combined company is expected to trade on the
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