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Platinum Equity Inks $1.4B Deal To Sell Air Cargo Handler

By Adam Rhodes (June 19, 2018, 4:11 PM EDT) -- California-based Platinum Equity on Tuesday said it has agreed to sell France-based Worldwide Flight Services, which it touts as the largest air cargo handler in the world, to affiliates of fellow private equity firm Cerberus Capital Management in a deal worth roughly €1.2 billion ($1.4 billion)....

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