Irish government rejection ends Ryanair's bid for EI
The Irish government yesterday rejected Ryanair's €1.40 ($1.81)-per-share offer for its 25% stake in Aer Lingus, killing off the LCCs bid, which required 90% acceptance. Ryanair said it "will respect and abide by" the decision but continued to claim that its offer, which valued EI at €748 million,...
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