bmi sale now on ....
Unless I'm mistaken an acquisition by BA of the ~ 11% of LHR slots that bmi holds would give it around 50% of the LHR total. Which still puts it behind DLH, AF and KLM in terms of slot dominance at the main national hub.
And given the large supply & competition in the SE of England on domestic and European routes between FR, EZY, BA, JE, bmi etc, the swallowing up of bmi is probably not going to be of great significance in terms of consumer choice and pricing in a EU or UK context.
Sit back and watch....