Re: El Al and North American

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In a message dated 7/24/2003 1:07:34 AM Pacific Daylight Time,
mcb@xxxxxxxxxxxxxx writes:

<< Well, 24.9% + 25% = 49.9%, thus not majority ownership, which I think
 is the rule.

 The numbers would make it appear that was planned like that exactly to
 meet the foreign ownership law. >>

The rule is 25%, not majority

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