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Branson on Sky - will quit VS if that is needed to ...

PostPosted: 16 Jun 2011, 19:49
by tontybear
He is speaking NOW

did not see this (turned over in the middle) but headline states

'Branson will quit VS if that is needed to attract new partners'

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 16 Jun 2011, 20:04
by Penny_L
He was on tv yesterday saying he would be prepared to reduce his stake in VAA to aid the search for an alliance partner. But his preferred option would be for SQ to reduce their share

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 16 Jun 2011, 21:09
by slinky09
Sounds like he's running out of ideas ...

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 17 Jun 2011, 03:48
by hstansbury
I think anything said publicly is probably what he wants people to think vs what's actually happening.

On the other hand, he only owns 25% of VX. Not like this is his first rodeo.

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 17 Jun 2011, 08:39
by clarkeysntfc
slinky09 wrote:Sounds like he's running out of ideas ...


I'm beginning to agree... I think VS have got themselves in to a bit of a corner.

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 17 Jun 2011, 10:11
by jfenney
Maybe he wants to release a bit of capital for Northern Rock or LLoyds bank

Re: Branson on Sky - will quit VS if that is needed to ...

PostPosted: 17 Jun 2011, 14:44
by JCBR
Penny_L wrote:He was on tv yesterday saying he would be prepared to reduce his stake in VAA to aid the search for an alliance partner. But his preferred option would be for SQ to reduce their share


I am pretty sure SQ would also like sell but cannot find a buyer willing (or able) to pay.