Amazon and Cargojet—betting on a surge in Canada’s lagging online-shopping growth rate—are teaming up in a deal that will see the e-commerce company commit to a certain level of business for the right to acquire shares in the Canadian cargo specialist. Amazon will be granted warrants to acquire up to 14.5% of Cargojet in exchange for providing a certain amount of business. The first tranche of warrants is priced at $C91.78 ($68.69) per share, and can be exercised within ...

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