Comments on: Privatising Aer Lingus (redux) http://numero57.net/2006/10/05/privatising-aer-lingus-redux/ a blog by Jim Bliss Tue, 15 May 2012 02:49:13 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jim http://numero57.net/2006/10/05/privatising-aer-lingus-redux/#comment-565 Jim Fri, 06 Oct 2006 12:35:40 +0000 http://numero57.net/?p=119#comment-565 There's a delicious irony to all this. The board of the newly privatised company are recommending shareholders reject a bid of 127% what they paid for the company last week. On the grounds that the Ryanair bid "significantly undervalues" the company. Aha-ahhaaa ha ha ha ha ha. And while all this has been going on, the national media and every politician in the land have been concentrating on whether or not Bertie took a few grand more than a decade ago. Excuse me folks! I couldn't give a rat's arse whether his mates loaned him 40 grand 12 years ago. He's just sold off a national asset for <i>at least</i> 400 million less than it was worth. There’s a delicious irony to all this. The board of the newly privatised company are recommending shareholders reject a bid of 127% what they paid for the company last week. On the grounds that the Ryanair bid “significantly undervalues” the company.

Aha-ahhaaa ha ha ha ha ha.

And while all this has been going on, the national media and every politician in the land have been concentrating on whether or not Bertie took a few grand more than a decade ago.

Excuse me folks! I couldn’t give a rat’s arse whether his mates loaned him 40 grand 12 years ago. He’s just sold off a national asset for at least 400 million less than it was worth.

]]> By: PMM http://numero57.net/2006/10/05/privatising-aer-lingus-redux/#comment-564 PMM Thu, 05 Oct 2006 23:41:04 +0000 http://numero57.net/?p=119#comment-564 Hold the press. Aer Lingus have rejected Ryanair's offer. http://news.bbc.co.uk/1/hi/business/5408780.stm Presumably a higher offer will come in from somewhere, thus emphasising your point. Hold the press. Aer Lingus have rejected Ryanair’s offer.

http://news.bbc.co.uk/1/hi/business/5408780.stm

Presumably a higher offer will come in from somewhere, thus emphasising your point.

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