PPRuNe Forums - View Single Post - BA/bmi merger (was Virgin & Balpa - bmi next ?)
Old 19th Apr 2012, 09:39
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FANS
 
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cityflyer - agree that LH would have had great difficulty taking cash consideration without further contributing this to the deficit.

I suspect however that the cash consideration paid by BA may have been driven by how much it was felt was appropriate to put into the pension deficit.
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