Transat A.T. shareholders approve sale to Air Canada

A whopping 95 percent of Transat A.T. shareholders are in favour of selling the business to Air Canada. At a special meeting held Friday in Montreal, shareholders of the holding company that operates Air Transat voted in favour of selling their shares to Air Canada for $18 apiece. That's a total price of $720 million to take over the airline.Air Transat's CEO said the Air Canada offer was the best deal for the company. Some shareholders disagreed. Shareholder Gerald Dubois said he wanted Transat