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Airplanes and acquisition: tycoon Richard Branson expressed his disappointment concerning the sale of Virgin America

Rome, Italy - The $2.6 billion proposal is under the scrutiny of the American antitrust authorities that should pronounce next fall

The British tycoon expressed his sorrow over the inevitable operation of selling Virgin America (VA), the US branch on Virgin Group, which he couldn’t stop as his 30% share don’t have any voting rights, meaning that on the board of directors he doesn’t have any decisional power, In an official press release appeared on Virgin Group website, Branson point out that selling VA was not his choice and t...

fra/pec - 1174317
Rome, Italy, 04/06/2016 09:28
AVIONEWS - World Aeronautical Press Agency

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