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Old 20th June 2006 | 09:06
  #12 (permalink)  
uklad007
 
Joined: May 2006
Posts: 133
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From: UK
BBC news are reporting that the Employee Group have proven the can finance the deal through a debenture issue but have until this Friday to pay a $40M deposit which is easier said than done. Am surprised given that this offer appears to be going through for some 50% less than was wanted there hasnt been a bit more interest, especially as the debt is cleared. I had heard TAP might make a bid in the past but it came to nothing, although given the links between the two countries would make sense.
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