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AIRLINES

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<i> Times Staff and Wire Reports</i>

TWA Restructuring Wins Approval: Trans World Airlines Inc. said its shareholders OKd a financial restructuring for the airline at a special meeting. The carrier reported that out of 20 million shares, 18.2 million were voted in favor of allowing TWA to issue up to 300 million new shares of stock as part of a proposed debt-for-equity swap. Shareholders also approved proposals to permit a 1-for-46.8722 reverse split of outstanding common stock.

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