Ryanair’s cut-rate merger bid

[Joelle]

Ryanair's cut-rate merger bid
      

What a difference two years makes. After being foiled by EU regulators in 2006, Ryanair CEO Michael O'Leary is back with another bid for Aer Lingus, but in the midst of an economic slowdown he has cut the offer price in half, to 750 million pounds ($970 million).
         

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