Presumably there's a parent / subsidiary relationship here which means that day to day management (e.g. route launches, axeing services etc) is delgated to BACX whilst strategic decisions (e.g is it in the long term interests of the shareholders to maintain a MAN operation) would be made by the parent.
Doesn't mean I know anything more about this particular rumour, just that its perfectly understandable why a subsidiary company might be merrily going along running its business whilst the parant has got very different ideas about its long term future. Happens all the time in all sorts of businesses.
In the context of BA & MAN, the route launches Ringwayman speaks of have all the signs of local BACX management trying to find something do with excess capacity in their Embraer fleet rather than being driven by any strategic influence from up on high.
682