Aer Lingus says 'anticompetitive' Ryanair offer 'significantly undervalues' EI

Aer Lingus board on Friday strongly advised shareholders to take no action on Ryanair's hostile takeover offer of €2.80 ($3.53) per share, dismissing it as "ill-conceived, contradictory and anticompetitive." In a circular, the board told shareholders that the Ryanair offer "significantly undervalues...

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