Originally Posted by
Expressflight
At today's General Meeting the shareholders of Flybe (shell company as it now is, the assets already having been sold to Connect) voted to accept Connect's 1p per share offer. The vote was 63% For and 37% Against.
.....which in turn effectively means that Flybe will no longer exist as a listed/traded Company on the LSE from the effective date of the "Scheme of Arrangement", which is expected to be 11th March.
From then on, Flybe is effectively a brand and that's it ....for how long is probably the next topic of debate?