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Richard Branson May Lose Control Of Virgin Atlantic In Secret Takeover Bid

By: capt_nemo in WRGO | Recommend this post (0)
Thu, 06 Dec 12 6:40 AM | 129 view(s)
Boardmark this board | Reality news,,,,,,,,

Msg. 02050 of 18626
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By: malterwitty
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Sir Richard Branson reportedly faces loses control of airline Virgin Atlantic for the first time as America's largest airline made a secret takeover approach.

Delta Air Lines is understood to have offered to buy Singapore Airlines' 49% holding in Virgin, the Sunday Times said.

If it succeeds, Delta's European partner Air France-KLM may then buy part of Sir Richard's 51% stake, leaving the entrepreneur without majority control of the airline.
http://www.huffingtonpost.co.uk/2012/12/02/richard-branson-virgin-atlantic-delta-airlines_n_2227475.html

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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