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Lufthansa's Acquisition of BMI
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A 20 page paper discussing the option agreement Lufthansa made with BMI British Midland in 1999, which BMI owner Sir Michael Bishop exercised in late 2008. The contract provided only for specific monetary amounts and did not consider future changes in BMI valuation. Lufthansa was able to pay Sir Michael £100m less than contractually agreed and did take control of BMI in 2009, but the move was much less attractive in 2009 than when agreed in 1999. Bibliography lists 19 sources.
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Pages:
20
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Filename:CJ6_KSairLuftBMI.doc |
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Paper Title:
Lufthansa's Acquisition of BMI
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