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Stock impact report

Elon Musk Again Floats Buying Ryanair: ‘How Much Would It Cost’ [Forbes]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Forbes
A Boeing 737 MAX 8-200 from Ryanair is landing at Barcelona Airport in Barcelona, Spain, on February 23, 2024. (Photo by Urbanandsport/NurPhoto via Getty Images) ... More NurPhoto via Getty Images Key Facts Musk responded to a witty X post from the airline appearing to oppose adding Wi-Fi on planes, asking Ryanair, “How much would it cost to buy you?” and then adding, “I really want to put a Ryan in charge of Ryan Air. It is your destiny.” Moments later, he pinned a poll on his X profile asking users whether he should buy the company. As of shortly before 3:30 p.m. EST, the poll had just over 300,000 votes, with 79% of users responding affirmatively. Ryanair Holdings plc is a public company, meaning Musk would need to stage a hostile takeover or make an acquisition offer to shareholders to gain control. This is a developing story and will be updated. Got a tip? Share confidential information with Forbes. Editorial Standards Reprints & Permissions Show less Read more
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