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Alitalia’s administrator Augusto Fantozzi gestures during a …

(AP) - Alitalia's administrator Augusto Fantozzi gestures during a press conference in Rome's productive activities minister, Thursday, Nov. 20, 2008. Fantozzi said he accepted the offer by CAI Compagnia Aerea Italiana and he had formally agreed to sell part of the bankrupt airline's assets to a group of Italian investors in a deal worth more than 1 billion euros ($1.25 billion). (AP Photo/Alessandra Tarantino)