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Sat 11 Nov 2006Aer Lingus employee trust to react against Ryanair bidThe crucial staff shareholding group at Aer Lingus is expected to issue a statement on Sunday outlining a negative response to the €1.4 billion Ryanair offer for the airline, writes Emmet Oliver.The Employee Share Ownership Trust (Esot) will not directly recommend or reject the Ryanair offer, but an accompanying letter to members will question the financial claims made by Ryanair. This is likely to be seen as coming close to a formal rejection.
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