Matt Molnar
2008-03-16, 05:20 PM
Alitalia accepts Air France bid, says offer valid if conditions met by March 31 (http://www.forbes.com/markets/feeds/afx/2008/03/16/afx4777830.html)
03.16.08, 12:13 PM ET
MILAN (Thomson Financial) - Alitalia SpA said its board has unanimously accepted a binding takeover bid from Air France-KLM but added that the offer, which values the state-controlled carrier much below its market price, will be launched only if a series of conditions are fulfilled by March 31. [Full article (http://www.forbes.com/markets/feeds/afx/2008/03/16/afx4777830.html)]
03.16.08, 12:13 PM ET
MILAN (Thomson Financial) - Alitalia SpA said its board has unanimously accepted a binding takeover bid from Air France-KLM but added that the offer, which values the state-controlled carrier much below its market price, will be launched only if a series of conditions are fulfilled by March 31. [Full article (http://www.forbes.com/markets/feeds/afx/2008/03/16/afx4777830.html)]