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<title><![CDATA[Philippine Airlines to Take 49% Stake in New Cambodian Carrier]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/03/philippine-airlines-to-take-4-stake-in-new-cambodian-carrier/?]]></link>
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<pubDate><![CDATA[Wed, 03 Apr 2013 22:46:12 EDT]]></pubDate>
<description><![CDATA[Philippine Airlines Inc. is planning to take a 49% stake in a new Cambodian airline, according to San Miguel Corp. (SMC.PH), which shares control of the Philippine carrier with the group of billionaire Lucio Tan.]]></description>
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<title><![CDATA[PAL Holdings' Major Holders to Sell Shares to Keep Firm Listed]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/06/pal-holdings-major-holders-to-sell-shares-to-keep-firm-listed/?]]></link>
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<pubDate><![CDATA[Wed, 06 Mar 2013 04:28:54 EST]]></pubDate>
<description><![CDATA[Two major shareholders of PAL Holdings Inc. (PAL.PH), the listed parent of Philippine Airlines Inc., are ready to sell some of their stocks to comply with the minimum public ownership requirement of the Philippine Stock Exchange, in a move that will keep the company listed.]]></description>
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<title><![CDATA[Philippine Airlines Expects $300 Million in Annual Savings From Fleet Redeployment]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/07/23/philippine-airlines-expects-300-million-in-annual-savings-from-fleet/?]]></link>
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<pubDate><![CDATA[Mon, 23 Jul 2012 22:12:55 EDT]]></pubDate>
<description><![CDATA[Philippine Airlines Inc. expects to save around $300 million a year from its plan to use its new Boeing Co. (BA) 777 jets for long-haul routes while redeploying other aircraft to handle shorter routes, which will increase efficiency and profitability, the carrier's president said late Monday.]]></description>
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<title><![CDATA[San Miguel President: Investing $500 Million For Minority Stakes In Lucio Tan's Airlines]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/04/04/san-miguel-president-investing-500-million-for-minority-stakes-in-lucio-tan/?]]></link>
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<pubDate><![CDATA[Wed, 04 Apr 2012 01:03:42 EDT]]></pubDate>
<description><![CDATA[San Miguel Corp. (SMC.PH) will shell out $500 million in exchange for minority stakes in Philippine Airlines Inc., or PAL, and budget carrier Air Philippines Corp., or AirPhil, the two local airlines owned by billionaire Lucio Tan.]]></description>
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<title><![CDATA[Cadence Financial Cans Trustmark Deal, Now Being Acquired by Community Bancorp]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2010/10/06/cadence-financial-cans-trustmark-deal-acquired-community-bancorp/?]]></link>
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<pubDate><![CDATA[Wed, 06 Oct 2010 14:24:10 EDT]]></pubDate>
<description><![CDATA[Cadence Financial has terminated its previously announced agreement with Trustmark (NASDAQ:TRMK) and said it now plans to be acquired for $30 million by Community Bancorp at what it called a higher and more certain price.]]></description>
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