PPRuNe Forums - View Single Post - APA Bid fails to get 50% (Merged)
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Old 5th May 2007, 07:34
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B A Lert
 
Join Date: Jan 2005
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Angry Quote of the week

One Geoffrey Dixon as reported in The Australian:

Qantas chief executive Geoff Dixon admitted on Friday night that the apparent failure of the bid would unsettle Qantas management.
Yes, just like spoiled little children who are suddenly denied access to the hitherto accessible lolly jar. The poor bastards!!

On another line, one wonders what kind of side deal has been done between APA and the investor who helped them nudge 50%? This bloke is alleged own 11% of Qantas so why didn't he sell all of his investment, and if any sweet-heart deal has been done, will it be extended to all of the so-called recalcitrant shareholders?.
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