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Published: 04:57 EST, 25 October 2014 | Updated: 04:57 EST, 25 October 2014. LONDON, Oct 25 (Reuters) - British holidays and airline company Monarch has been acquired by investment firm Greybull Capital which will pump 125 million pounds ($201 million) into the company as it turns itself into a budget airline.he deal brings to an end the ownership of Monarch by the Mantegazza family. It founded the firm in the 1960s and has invested 115 million pounds in it over the last five years. The family will make an unspecified contribution to the new funding.