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!
You ever met someone who says its final offer but then wants to negotiate if losing the deal.
IAG want EI and will have a point where its no more, doubt whether they are at that level yet.
This is only the 1st offer put to shareholders.