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AEROSPACE

From Times Staff and Wire Reports

GPA Cancels Global Stock Offering: GPA Group, the privately owned aircraft leasing company, canceled the global offering, which would have raised $850 million to $1 billion and turned it into a publicly held company, four hours before it was due to announce the share price. The Shannon, Ire.-based company blamed depressed stock markets around the world for the move, saying U.S. investors were especially nervous.

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