June 14 (Reuters) - Air Canada AC.TO :
* AIR CANADA - "WE ARE PROCEEDING TOWARD COMPLETION OF A DEFINITIVE PURCHASE AGREEMENT TO ACQUIRE TRANSAT AT INC"
* AIR CANADA - THE PROCESS TO ACQUIRE TRANSAT IS EXPECTED TO CONCLUDE BY THE END OF JUNE
* AIR CANADA - AIR CANADA'S BID FOR TRANSAT IS FULLY FINANCED AND DOES NOT REQUIRE TAXPAYER ASSISTANCE Further company coverage: AC.TO