I would be checking six very often if I was at Flybe and I felt there was any substance to this rumour.
I remember in mid Jan the Irish press ran a story Ryanair was going to take over Buzz. Ryanair issued a press release denying it and KLM said it was not in discussion with Ryanair but was seeking a partner to risk share Buzz with. We all know what followed a week later.......
However I cannot for the life of me see why eJ would want to be Flybe, or why Walker Aviation would want to sell it. So this rumour I feel is b&*%ocks