Ryanair offer 'undervalues Aer Lingus', say airline's board

The Board of Aer Lingus has today urged shareholders in the airline not to accept Ryanair's share purchase offer.

Ryanair offer 'undervalues Aer Lingus', say airline's board
Wed, 20 Jun, 2012 - 17:43

The Board of Aer Lingus has today urged shareholders in the airline not to accept Ryanair's share purchase offer.

Shares in the former national flag carrier rose by 24% in early trading after last night's bid of €1.30 per share by the low-fares airline.

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CourtsBusinessCharity RegulatorPlace: EuropePlace: AmsterdamPlace: ParisPlace: IrelandPerson: MinisterPerson: Ruairí QuinnPerson: Shane RossPerson: Shay CodyOrganisation: RyanairOrganisation: Aer Lingus'Organisation: Aer LingusOrganisation: UK Competition CommissionOrganisation: CCOrganisation: European CommissionOrganisation: Taoiseach
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