Irish airline Aer Lingus advises stakeholders to ignore Ryanair’s bid
Says budget airline has fundamentally undervalued the business
Published Saturday, August 25, 2012, 10:53 AM
Updated Saturday, August 25, 2012, 10:53 AM
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Searlit | Aug 26, 2012, 02:01 PM EDT
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.
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Silling | Aug 26, 2012, 12:45 PM EDT
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.
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torbreezy | Aug 26, 2012, 10:14 AM EDT
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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