Originally Posted by
hillrider
Found
this about IT talking to BA about a 49% equity investment--it looks like at this stage everyone is talking to everyone (if only to scuttle competitor's plans or aspirations).
had to chuckle to myself , before reading the linked story I wondered to myself how the hell IT in it's current state could contemplate buying at 49% stake in BA and what would that do to the BA/IB merger , now having read the story and realised that it was supposed to be the other way around I still have to ask how the hell could BA in its current state contemplate a 49% stake in anybody . Can you imagine the reaction from those employees who have agreed to forego a months salary if BA then announced that it was gambling money investing in a carrier in bad financial state ?