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Old 8th Dec 2008, 04:34
  #69 (permalink)  
Gingerbread
 
Join Date: Jul 2006
Location: NSW
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Assuming any equity exchange between BA and QF is somehow based on the net tangible assets of both companies, the DB superannuation liabilities of both BA and Qantas should be taken into account.

If they are not, adversely affected shareholders aren’t likely to agree, or are they?
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