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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, 7:57 am
  #15  
irmster
 
Join Date: Dec 2003
Location: Surrey, UK
Programs: BA Gold....er now Silver...er now Bronze....er now Blue
Posts: 3,507
Originally Posted by RAPC
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.
it appears from the above that the put option is at an agreed price, but the call option is not. I would think that if the call option was at the 1999 value, then it would be a no brainer for LH.
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