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Arkia seeks shell merger to list on TASE Canzon has signed an agreement to find Arkia a publicly traded company with no commitments and debt and NIS 10 million cash. Arkia Airlines Ltd. is seeking to list on the Tel Aviv Stock Exchange (TASE) by merging with a company that has no activities. Canzon (TASE: CNZN) chairman Shai Zohar and CEO Avishai Fishman have notified the TASE that they are promoting a complex move in which Arkia will merge with a stock market shell, but not with Canzon. The merger will take place at a valuation of NIS 100 million for Arkia. ....