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Old August 28th, 2000, 09:10 AM
Tim Rubacky
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Default Canival Purchases 100% of Costa

Carnival Corporation has reached an agreement to purchase the outstanding balance (50%) of Costa from Uk based AirTours for approximately $525 Million USD.

Look for Carnival Corp to move along at a more rapid pace with Costa's newbuilding and corporate acquisition plan now that they have acquired sole ownership.

Tim Rubacky
Consumer Affairs Editor
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