26-Oct-2009 4:40 PM
Austrian Airlines plummets as Lufthansa announces “squeeze out” offer
Analysis
Shares in Austrian Airlines plummeted 34.2% on Friday, as carrier's Executive Board and new majority shareholder, ÖLH Österreichische Luftverkehrs-Holding-GmbH (ÖLH), agreed on an offer to "squeeze out" the remaining shareholders of Austrian Airlines.
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