Reply To: IAG a House of Cards?Back to Forum
Well given the prior merger discount to BA shareholders still applies to those still holding their shares, then yes, from an IAG perspective BA shareholders exist.
BA shareholders were the largest stakeholders overall 55% wrt the merged entity – IB 45%. Walsh sold out BA shareholders, IMO the split should have been at least 66%-33%.
You are correct though, in stock market terms, BA shareholders no longer exist.