On 5 May 2007 the Australian and Sydney Morning Herald were reporting that the Airline Partners Australia bid for Qantas had failed to secure the necessary 50% acceptance for it to proceed. A successful bid would have resulted in A$4.5bn being "stripped off the balance sheet."
The Qantas share-price reaction on Monday will no doubt be the subject of considerable interest.
EVO at Last
5 hours ago
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