Aer Lingus Management Rejects Ryanair Takeover Bid, Says Offer Undervalues Airline

Ryanair’s bid for Aer Lingus has been soundly rejected by management at the low-cost carrier’s domestic rival. The Aer Lingus board of directors on July 18 issued a statement saying it “unanimously recommends shareholders should take no action in relation to the [Ryanair] offer and should not sign...

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