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Challenging the Wisdom of the Trans Texas Corridor.
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Allied Capital to sell Mercury Air Centers to Macquarie for 427 mln usd 04.19.07 LONDON (Thomson Financial) - Allied Capital Corp said it has agreed to sell its majority equity interest in Mercury Air Centers to Macquarie Infrastructure Co for around 427 mln usd. The Washington, DC-based investment firm said it expects to realise a gain on the equity of approximately 240 mln usd from the sale. The transaction is expected to close in the third quarter of 2007. Allied Capital said Mercury Air Centers provides general aviation services -- including fuel sales, into-plane services, ground support services, aircraft hangar and tie-down facilities -- to private, commercial and military aircraft at 24 locations at 22 airports in the US.
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