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07/06/2010 08:07:00 PM EST

EU court backs ban on Ryanair bid

BRUSSELS-(AP) A European Union court ruled Tuesday that antitrust regulators were right to block Ryanair's hostile 2007 bid for rival Irish airline Aer Lingus.

The General Court, the EU's second-highest judicial authority, also backed the European Commission's refusal to order Ryanair to sell off the 29.8 percent stake it accumulated in…

 

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