
[TimChallenge] AVH this is the news: Avianca (NYSE: AVH) is studying options including the sale of a controlling stake, and it is set to receive bids next week from suitors including Delta Air Lines (NYSE: DAL) and United (NYSE: UAL) according to Bloomberg, citing people familiar with the matter. Copa Holdings (NYSE: CPA) is also expected to present a bid. Offers may include $500 million in new capital plus a purchase of common stock from current shareholders.
