The Australian airline landscape is set for some dramatic changes after the country's dominant port operator, Patrick Corp., which has a 62.4% stake in Virgin Blue, accepted Friday a A$6.20 billion ($4.52 billion) takeover bid from Australia's Toll Holdings (ATWOnline, August 24, 2005). The deal ends an 18-month battle and could lead to a reshaping of the major operators' ownership structure and strategies. Richard Branson's Virgin Group founded Virgin Blue in 1999 and has a 25.6% stake in ...

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