Deutsche Lufthansa AG [OTC: DLAKY] has secured the liquidity it needed to ensure its near-term survival after shareholders overwhelmingly voted in favor of a stabilization package from the German government.
Under terms of the deal finalized Thursday, Lufthansa is eligible for loans up to $10.1 billion and the German government will purchase shares for 20% of the company. The government will also be a passive investor with a contribution of $6.4 billion. The German Economic Stabilization Fund...
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