EasyJet agrees in principle to $6.9B takeover offer from Castlelake

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EasyJet ( EJTTF ) ( ESYJY ) has agreed in principle to a £5.2B ($6.9B) takeover proposal from private investment firm Castlelake after rejecting four previous offers. The latest bid values the U.K. budget airline at 690 pence per share in cash, up from Castlelake's previous

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