Transat A.T. Inc.

11:44 AM EST - Transat A.T. Inc. : Said Group Mach Inc. announced its non-binding agreement with the Government of Quebec in connection with Mach's formal proposal to acquire all issued and outstanding voting shares of Transat at a price of $14.00 cash per share to the attention of the Board of Directors of Transat as announced earlier this month. Transat A.T. Inc. shares T.TRZ are trading $0.47 at $13.96.