Impasse on horizon for Aer Lingus

If €2.80 per share was the carrot, Michael O’Leary’s major stick for Aer Lingus shareholders was his warning that the airline’s share price would fall if Ryanair’s takeover bid failed.

28th October, 2006

If €2.80 per share was the carrot, Michael O’Leary’s major stick for Aer Lingus shareholders was his warning that the airline’s share price would fall if Ryanair’s takeover bid failed. But a more sinister worry that may be creeping into Aer Lingus minds is the potential for a prolonged impasse, caused by two large shareholder blocs with conflicting ambitions, seriously damaging the case for investing in the airline....

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