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Thread: IAG and LH agree sale of British Midland Airlines Ltd; BD 'to exit *A on completion'
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Old Dec 12, 2011 | 4:48 am
  #12  
Roger
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Originally Posted by LonLH
I can't open this without paying Murdoch some money.

Here's an alternative:
Virgin makes rival bid for BMI

Virgin Atlantic has confirmed that it has signed a terms and conditions contract with Lufthansa over the sale of BMI.

Virgin said it is now in negotiations with Lufthansa over the next stage of the purchase.

...

According to reports in the financial press, Virgin's offer is lower than IAG's but it is relying on the fact that any deal is likely to be completed more quickly as it would not be open to so much scrutiny from competition authorities ...
http://www.travelmole.com/news_featu...ews_id=1150626
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