Steve7E7 From United Kingdom, joined May 2004, 478 posts, RR: 49
Reply 4, posted (11 years 1 month 1 week 6 days 1 hour ago) and read 3264 times:
VS have as much chance of buying out British Midland as I do of getting pregnant
Whitehatter,you've obviously never come across the Immaculate Conception then
I agree that they seem to be turning the corner,my hope is that they stay independent for a long time to come.Some of their battles with BA are legendary and it would be a crying shame to see the classic fighting spirit sold abroad.
Kl911 From Netherlands, joined Jul 2003, 5493 posts, RR: 16
Reply 5, posted (11 years 1 month 1 week 6 days ago) and read 3248 times:
BD's fighting spirit will serve VS well, and Branson has stated often that he would like to take over BD. SK and LH will have as much to say as the other shareholders, of which Bishop is the biggest. Business is Business and everything is possible, if they like eachother or not....
Whitehatter From , joined Dec 1969, posts, RR:
Reply 6, posted (11 years 1 month 1 week 6 days ago) and read 3236 times:
Another seemingly insignificant issue is money. Branson isn't as wealthy as you might think.
Try reading "Branson" by Tom Bower. It'll enlighten you on just how close VS has been to shutting the doors on several occasions, and I somehow don't think Singapore will happily pony up the best part of a billion without some searching questions.
Virgin is in no condition to bid for anyone. Branson wanted BD on the cheap, and Bishop/LH/SK will have no part in his financial shennanigans with shares and debt.