Dont call me Shirley
Veteran
- Aug 20, 2002
- 3,270
- 306
http://www.reuters.com/article/idUSLNE6BM02H20101223
(Reuters) - Scandinavian carrier SAS's (SAS.ST) shares surged on Thursday after a report that Lufthansa (LHAG.DE) planned a takeover, giving new buzz to a long talked of match.
The idea of a takeover has been a recurring theme as SAS, half owned by Denmark, Norway and Sweden, continued to struggle with losses after a series of costly restructuring plans.
This has been the subject of rumor/speculation for months. SK is in big trouble, this may be the way out.
(Reuters) - Scandinavian carrier SAS's (SAS.ST) shares surged on Thursday after a report that Lufthansa (LHAG.DE) planned a takeover, giving new buzz to a long talked of match.
The idea of a takeover has been a recurring theme as SAS, half owned by Denmark, Norway and Sweden, continued to struggle with losses after a series of costly restructuring plans.
This has been the subject of rumor/speculation for months. SK is in big trouble, this may be the way out.
