Majority of BAA Shareholders Accept Ferrovial's Offer
Spain's Grupo Ferrovial's $18.4 billion offer to buy BAA was accepted by shareholders as of the June 26 deadline. Ferrovial and its other consortium members bought 28.7% of BAA's shares on June 8. Adding the 55% from BAA shareholders, the company now controls 83% of BAA's capital, making its offer...
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