I predict that at the last minute, Aer Lingus would have accepted the bid for a merger. Wait and see, it will come as a shock - but it is going to happen.
Stay off the wine, christmas is over. Aer Lingus are a public company. It's the shareholders that decide whether to accept the offer. The majority won't. This takeover at this present time is dead in the water. MOL is scrambling trying to arrange an EGM on the recent finance package organised for the top brass in the company. He is trying to sway the government into selling and they won't. I don't for one minute doubt however that they won't get more that their current holding of 29% after the next deadline in February. They won't get the sufficient backing to take control, and if he can't get the Government to sell, there isn't a snowballs chance of the EU approving it.