UPDATE 1-Bombardier family to bid for snowmobile unit

Newswire

(Adds details, stock price) By Charles Grandmont MONTREAL, May 21 (Reuters) - The founding family of Canadian plane and train maker Bombardier Inc. said on Wednesday it will join a consortium that will bid for the company's snowmobile and watercraft division, which is being sold to help keep the main company afloat . "We will make a proposition before May 27 in partnership with other investors," a spokesman for the Bombardier family, which is the controlling shareholder of Bombardier ...

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