Originally Posted by
racedo
Doubtful
IAG knows its got a good deal just may have to pay a bit more.
If goes to court it will stay there for a couple of years.
Not Doubtfull. "FACT" the date's in the offer doc!
Courts and lawyers have nothing to do with it. If this offer collapses so does the share price. This is probably the best way to get the money back, in the short term.
I can't see the offer being there in two or three years. The aviation climate will be different by then and we may well have a decision on RWY3 at LHR.
IAG have set up the funding for the takeover, Willie has said the price is 2:50 +5 and no more. I'm not sure I'd call his bluff when I stand to loose so much!