Bid For Majority Of Shares In LIAT Placed On Hold

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The negotiations for purchasing majority of shares in LIAT have been put on hold by a number of events in both Antigua and Barbados, and by the counter-offer made by the selling state which Antigua has rejected.

The Government evaluates the current position of the bid by Antigua and Barbuda as they seek to become the major shareholder in LIAT. This would be achieved by purchasing certain shares from Barbados.

No date for the re-start of negotiations has yet been set.

 

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4 COMMENTS

  1. Antigua should not buy any further shares in this airline until they change their name from LIAT to something more marketable. Nobody in the outside world knows what ‘LIAT’ means.

  2. Wow somebody figured it out! A name change will make LIAT profitable. Clearly a graduate of Trump University

  3. Business and good marketing is all about branding, so changing the name and rebrand the airline could be a move in the right direction, but restructuring is a must.

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