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Thread: The 'FUTURE OF BMI' thread, the LH takeover, & what it might mean for Diamond Club...
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Old Dec 11, 2007, 7:49 am
  #14  
RAPC
 
Join Date: Sep 2006
Location: Manchester, England
Programs: Bonvoy LT Plat, HH Diamond, IHG Plat, BMI Gold (RIP)
Posts: 8,021
Originally Posted by SmilingBoy

Lufthansa has a call option, which means that they have the right to buy bmi at a pre-agreed price.
Will this definitely be at a pre-agreed price, or subject to market valuations at the time? i.e. It is June 1st and Lufthansa offer xxx as a fair market valuation.

Just wondering as I don't have any knowledge of such high end financial matters.
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