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Brazilian airliners TAM (TAM +3.8%) and Gol Linhas (GOL +2.6%) are solid gainers after reports...

Brazilian airliners TAM (TAM +3.8%) and Gol Linhas (GOL +2.6%) are solid gainers after reports surface indicating each company is close to receiving approval from regulators for a merger - Tam with Chile's LAB and Gol Linhas with Webjet Linhas Aereas SA.
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