Aer Lingus urges shareholders to reject Ryanair bid

The board of Aer Lingus has urged shareholders to reject Ryanair's bid for the company.

Aer Lingus urges shareholders to reject Ryanair bid
Wed, 18 Jul, 2012 - 08:30

The board of Aer Lingus has urged shareholders to reject Ryanair's bid for the company.

In a statement issued this morning, the board of the airline said the offer of €1.30 per share "fundamentally undervalues" Aer Lingus.

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