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Irish airline Aer Lingus advises stakeholders to ignore Ryanair’s bid

Says budget airline has fundamentally undervalued the business

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If Ryanair makes substantial profits whilst also offering low fair travel, who'se getting squeezed? When Ryanair promises job creation, do they mean for Irish nationals or foreign workers on rates of pay back in their country of origin? How moral or ethical is it for someone to own, possess or control something they didn't work hard to create?
Monopolies are not good things. That is what has happened in America. America used to have anti-trust laws that protected companies from take-over mergers. The previous owner is bankrupted and all employees fired, after they take away everyone's pension that is. Then the newly formed corporation preceeds to become to big too fail. After what's left of the government when the deal goes through the airline would still expect a bail-out when the next monopoly driven financial collapse arrives. Remember what happened in the housing industry.
I am an Are Lingus shareholder and I am delighted with the prospect of a Ryan Air takeover. If Aer Lingus is permitted to trade for much longer, our shares will end up useless. I say, bring on O'Leary and let someone with brains and energy fly the flag for Ireland.
Let the "free market" of fully informed shareholders decide whether the current offer or another one is "right". Michael O'Leary built a thriving business: the Irish government has permitted a once proud asset to languish because of mismanagement.
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