Ryanair's bid for Aer Lingus appears to be dead following yesterday's overwhelming vote to reject the offer by members of EI's Employee Share Ownership Trust, which holds 12.58% of the flag carrier. The SIPTU and Impact unions reported that 97% of voting ESOT members opted to oppose the bid on a 70% turnout. The Irish government already has indicated it will not sell its 25.35% stake. Ryanair holds 19.16%. The bid is conditional on securing at least 50.1%. Impact, which represents EI cabin ...

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