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Branson &usairways.

etops1

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i was told by a really reliable source that richard branson was in pit today meeting with bruce lakefield. take it how you want to but this seems really interesting. we might be wearing red preety soon.
 
Interesting when Lakefield's office is in DCA, not PIT.
 
700UW said:
Interesting when Lakefield's office is in DCA, not PIT.
[post="246735"][/post]​
i was thinking the same thing.
 
etops1 said:
i was told by a really reliable source that richard branson was in pit today meeting with bruce lakefield. take it how you want to but this seems really interesting. we might be wearing red preety soon.
[post="246734"][/post]​

Hmmmm... "Dick" has his hand's full with an attempted 'hostile takeover' of Virgin Blue in Australia. If this happens he may have lots of cash to invest..

http://www.atwonline.com/indexfull.cfm?newsid=4972

Virgin Group hits bump in try to slow Patrick bid for Virgin Blue
Dateline: Tuesday February 08, 2005

Richard Branson's Virgin Group failed in its effort to use a little-known regulation to force up the takeover price offered by its partner in Virgin Blue for the Australian budget carrier (ATWOnline, Feb 3).

Virgin is opposed to the takeover bid. Last week, the Australian Securities and Investments Commission ruled that Patrick Corp., the majority shareholder in Virgin Blue, is not required to lift its A$1.90 ($1.46) a share bid to above A$2 under Section 621 of the Corporations Law.
Virgin Group is deemed an associate of Patrick Corp. owing to their shareholder agreement relating to the airline, and as such it argued that Patrick was obliged under the "minimum bid" provisions to match the A$2.06 a share paid by Virgin for 5.1 million shares in Virgin Blue on the day Patrick announced its bid. This activity raised Virgin's holding in Virgin Blue from 24.6% to 25.1%.

However, ASIC granted Patrick's request for a waiver from the Corporations Law provisions for the purposes of its bid. "ASIC has determined that Virgin Group's acquisition of shares in Virgin Blue has no effect on Patrick's takeover offer for Virgin Blue," a brief statement from Patrick said. Patrick added that it was "unfortunate that this tactic has distracted shareholders from considering Patrick's offer."

Virgin Group could appeal the ASIC ruling to the Takeover Panel but is thought unlikely to do so.--Ian Thomas
 
Tuesday, Oct. 29 2002, 1 p.m. ET

William King, senior vice president, Virgin Atlantic Airways

Would you consider buying USAirways? My husband worked there for 18 years. The Pittsburgh employees are some of the best trained and company oriented in the airline business. It's tragic to see what the mismanagement has done to them. Thanks, Cynthia West :

William King: We would love to get into the domestic USA airline market however the ownership rules do not allow Virgin to have a controlling interest in a domestic carrier. I really hope things work out for US Airways and all the employees.
 
that why they go through the 3rd party and give them the cash . voila!
 
Hawk said:
Your source is 100% wrong. Bruce was in DC for the entire day. Stop spreading rumors.
[post="246751"][/post]​
U would know hawk, since you ARE one of the main CCY guys!!! Give me a break U crook!!! We know who U are!!! :shock:
 
Hawk said:
Your source is 100% wrong. Bruce was in DC for the entire day. Stop spreading rumors.
[post="246751"][/post]​
i never said it was true maybe he/she was mistaken. i said take it anyway you want. you want to beleive then do if. you don't, then don't. i personally don't .
 
Hawk said:
Your source is 100% wrong. Bruce was in DC for the entire day. Stop spreading rumors.
[post="246751"][/post]​
These are the same people who told the judge during the last BK, they had the concessions to run a profitable operation! In other words, you are NOT to be TRUSTED or BELEIVED!! :down: :down:
 
Virgin could team up with any US airline, so why would they pick USAirways?

I agree with the others - stop spreading rumors. My sister's friend's aunt works as an Admin Assistant at CCY and SHE said that Gordon Bethune *AND* Don Carty have been into the offices there a few times in recent weeks. But, take that as you want it, but it really sounds interesting.......
 
well the cheif pilot at virgin usa was assistant cheif pilot at usairways. his name is joe houghton . might not mean much but i thought i would throw that in.
 
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