FlyerTalk Forums - View Single Post - "BA considers buying Virgin" (and vice versa!!)
Old May 28, 2003 | 5:26 pm
  #11  
CountinPlaces
 
Join Date: Nov 2001
Location: Out and About
Posts: 1,078
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by whmere:
He has backers, bankers etc etc. Singapore owns 49%, and while not technically a controlling stake this would certainly be a blocking one. </font>

49% is absolutely meaningless if the other 51% acts in unity.
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