Except for the fact that Bjorn Kjos controls ca 30% of the equity, and management has fairly good control over 20-30% further of the shareholders so I'd put in the highly unlikely category. Add to the fact the company is incredibly heavily geared at the moment (ca 20% equity or so) means management also believes there's significant equity upside over the next 5-10 years. Obviously if IAG could get it at the moment then they'd get it for the cheap however would add significant liabilities to their balance sheet.