Ryanair yesterday confirmed to the Dublin and London stock exchanges its takeover offer for Aer Lingus. In the offer document unveiled last week (ATWOnline, Oct. 23), the LCC maintained its initial bid of €2.80 ($3.53) per share for the recently privatized national carrier. It secured almost 20% of the shares in the days prior to EI's public listing last month. As expected, Aer Lingus reiterated its opposition and urged shareholders to take no action. "The offer from Ryanair is without ...

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