Up 34% to $3.18 on takeover offer and big volume. Was halted once already on Friday. <br> <br> <a href="https://www.richmond-news.com/chorus-aviation-shares-surge-34-per-cent-after-confirming-takeover-proposal-1.24226231" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.richmond-news.com/chorus-aviation-shares-surge-34-per-cent-after-confirming-takeover-proposal-1.24226231</a> <br> <br> "Walter Spracklin of RBC Dominion Securities Inc. said he's not surprised that Chorus is a takeover target because of its unique business model and resilient cash flow streams from the fixed-fee nature of revenues. <br> Spracklin suspects the interested party is likely a Canadian-domiciled financial sponsor rather than a strategic buyer given the weakened state of the global airline industry and foreign ownership restrictions. <br> This report by The Canadian Press was first published Oct. 23, 2020. <br> Companies in this story: (TSX:CHR)"