Taughannock Aviation Corp.

Edited by Paul Richfield February 01, 2000
Taughannock Aviation Corp. (TAC) of Utica, N.Y, has terminated its financial relationship with Winfair, Ltd., a Toronto-based holding company. Winfair acquired all of TAC's stock in a leveraged buyout, but defaulted on the notes in March 1999. In late December, Winfair returned the stock to TAC's...

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