CANADA'S AEROPLAN ACQUIRES UK LOYALTY MARKETER.(Aeroplan Income Fund acquires Loyalty Management Group)(Brief article)

Aeroplan Income Fund, a Canadian loyalty-marketing company, announced Monday the acquisition of Loyalty Management Group, which owns and operates the Nectar loyalty program in the United Kingdom, for $710 million. Aeroplan expects the agreement to close by the end of the month. "This acquisition is part of our business cycle to become a global-loyalty leader," Rupert Duchesne, Aeroplan …