03:29 PM EST - ACE Aviation Holdings Inc : shares rose as much as 14 percent on Tuesday after a media report that said the company may distribute its 75 percent interest in Air Canada to investors. The Globe and Mail newspaper, quoting an unnamed industry official, said ACE was mulling paying out its note holders with cash and offering preferred shareholders cash and new debt instruments. ACE Aviation Holdings Inc.
shares T.ACE.B are trading up 34 cents at $3.05.
