There has been some debate, and indeed repudiation, by some FlyBE personel about this being a takeover and NOT a merger.
May I bring to their attention that FlyBE management have lodged their intention with ‘The Office of Fair Trading’ to MERGE FleBE and BA Connect.
http://www.oft.gov.uk/Business/Merge...ions/index.htm
And no before you ask, I am not one of the Bacon guys to be going to FlyBE.