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Old 30th Oct 2012, 13:32
  #836 (permalink)  
Jack1985
 
Join Date: Dec 2010
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Tell you what.........provide the evidence for that and will read the rest of the diatribe.
Back at you, where's the evidence of shareholders support of all 3 of Ryanair's take-over attempts on Aer Lingus?

The initial shareholdings in Aer Lingus were accepted in 2006, that's changed quite a bit since the loss Ryanair has incurred because of that investment.

“At the time of the 2006 offer, Aer Lingus represented in excess of 25 per cent of Ryanair's gross assets and, accordingly, the transaction would have required Ryanair shareholder approval. Since 2006, Ryanair has increased in size, while the market value of Aer Lingus has declined, and accordingly this offer is not a "significant transaction" under the Listing Rules and will not require Ryanair shareholder approval,” said Ryanair. The Sunday Business Post

Because it wouldn't be approved by the shareholders if it had to be.
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