Thursday 30 October 2008

BMI being taken over by Lufthansa

Here is a good example how one network level strategy (strategic alliance) has changed to another (M&A). The point of interest in this story is the fact that it is not a deliberate strategic option by Lufthansa but an emergent strategy.

BMI being taken over by Lufthansa

UK airline BMI is being taken over by Germany's Lufthansa.
Lufthansa is buying the 50% of firm owned by BMI chairman Sir Michael Bishop, who forced the purchase under a long-standing agreement.

Read the whole article at: http://news.bbc.co.uk/1/hi/business/7697261.stm

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