New Delhi: When a mega deal is in the offing, many times competitors and disgruntled employees try to spoil the party or, if they fail to do so, at least get a piece of the cake.
More so when the impending deal is an equity alliance between Jet Airways and Etihad Airways, a first in the Indian aviation’s recent memory.
The two airlines are in advanced stages of negotiations for a deal that may see Etihad picking up 24 percent equity initially.
Ever since some enterprising souls at Jet leaked the information of talks between the two airlines last year to a prominent pink paper, the number of instances when stakeholders and jealous competitors have tried to stymie the deal has risen.
29/01/13 Sindhu Bhattacharya/First Post.com
