March 6, 2017 / 8:10 PM / 6 months ago

BUZZ-Discovery Air Inc: Prelim talks for potential deal

** Shares of aviation service provider more than double to C$0.56

** Company says has been approached on a prelim basis for a potential corporate deal

** Company says has not received a binding proposal and is still in talks

** More than 290,000 shares change hands, 22.4x 30-day moving avg

** Up to Friday's close, shares had risen about 17 pct in the past 12 months

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