PPRuNe Forums - View Single Post - Oh Dear BA £1.30 per share
View Single Post
Old 25th Jul 2002, 17:31
  #6 (permalink)  
Bigpants
 
Join Date: May 2001
Location: UK
Posts: 764
Likes: 0
Received 0 Likes on 0 Posts
I doubt if it is BA's grand plan to go bust just to shake off high staffing levels/cost.

But....there is the chance of a return of that infamous 1970s phenomenon the Asset Stripper! Not seen for many years, even paradied by Hollywood, but something along those lines might well view BA as a target for takeover.

Having grabbed the company watch out for the transfer of assets and cash before announcing the company has gone into receivership. Staff are then paid off at minimum legal cost etc etc. Danny De Vito look-alike walks off with the loot!
Regards BP
Bigpants is offline