Ryanair Bids For E.C. Review Of €1B Aer Lingus Deal

Law360, New York (October 31, 2006, 12:00 AM EST) -- Low-fare Irish airline Ryanair Holdings PLC has asked the European Commission for permission to move forward in its hostile takeover bid to acquire rival Aer Lingus Group PLC, moving to preclude Dublin regulators from reviewing the proposed merger.

Ryanair, Europe's biggest budget airline, filed its request with the E.C. on Monday, asking regulators to review its €1.48 billion offer, launched earlier this month, for the former state-owned carrier.

Aer Lingus, for its part, has fiercely opposed the takeover, while the Irish government has refused to sell...
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