Originally Posted by
cornishsimon
Surely from IAGs point of view it would be best if baby & regional failed to be offloaded by LH prior to the IAG takeover of BMI. The price would reduce significantly for IAG in this event.
Why do you imagine that the price reduces in this case? It's to offset the costs which IAG would incur having to dispose of baby/regional (shutdown costs, or the dowry that would have to be paid to a potential acquirer). It's very naive to imagine that somehow it becomes a financially more attractive deal for IAG if baby/regional is still part of it.
