LAN Airlines said it hopes its multibillion-dollar takeover of Brazil's TAM will be completed in the first quarter of 2012, but it is studying conditions imposed by Chile's regulator. Read full article
LAN and TAM officially call it a merger, because the legislation forces them to do so... if they would officially call it a takeover, it wouldn't take place, because brazilian laws do not admit a foreign takeover of a brazilian company beyond 49%, though the legally found a grey zone to anyway do so.
Hispanic idiots? low self esteem? boost ego?
You woke up with the wrong foot today or how come you do not measure your racist expression... your exagerately agressive respond shows me that the person suffering low self esteem to gratuitously bash other people is not exactly me.
Comments
Disclaimer & comment rulesfinally starting to call the thing for what it really is... LAN taking over TAM, not a simple merger or fusion.
Sep 26th, 2011 - 03:57 pm - Link - Report abuse 0TAM says it's a Merger. LAN calls it a merger. Only hispanic idiots in Chile with a low self esteem call it a take over to boost their ego.
Sep 26th, 2011 - 05:46 pm - Link - Report abuse 0LAN and TAM officially call it a merger, because the legislation forces them to do so... if they would officially call it a takeover, it wouldn't take place, because brazilian laws do not admit a foreign takeover of a brazilian company beyond 49%, though the legally found a grey zone to anyway do so.
Sep 27th, 2011 - 07:36 am - Link - Report abuse 0Hispanic idiots? low self esteem? boost ego?
You woke up with the wrong foot today or how come you do not measure your racist expression... your exagerately agressive respond shows me that the person suffering low self esteem to gratuitously bash other people is not exactly me.
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