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LAN Airlines and TAM S.A. Announce Binding Agreements

Dépèche transmise le 19 janvier 2011 par Business Wire

SANTIAGO, Chile & SAO PAULO--(BUSINESS WIRE)--LAN Airlines S.A. (LAN) (NYSE: LFL/IPSA: LAN) and TAM S.A. (TAM) (BM&FBOVESPA: TAMM4/NYSE: TAM) today announced the signing of the binding agreements between both companies and their respective controlling shareholders, in line with the memorandum of understanding (the “MOU”) signed on August 13, 2010. These binding agreements, include an Implementation Agreement and an Exchange Offer Agreement (the “Executed Contracts”) containing the definitive