Having digested all the recent posts on the sale (or not) of Baby,
Given that a large 'Negative Consideration' (sorry GCE, I hate the expression too) paid to any would be purchaser has to cover
All
takeover and restructuring costs plus enough to make a sizeable contribution to next years profits.
As already suggested, if the 'bribe' was big enough, this would outweigh all the hassle of TUPE, Management time, pensions etc.
So the question is are IAG/BA so terrified of bad
PR - 'BA to make hundreds redundant, scrap a much loved brand' etc etc, that they are in effect prepared to pay some other company a massive premium to be the 'bad boys'?