Aer Lingus board backs takeover bid by British Airways parent, needs Irish government support

January 27, 2015 7:00 AM

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Aer Lingus board backs takeover bid by British Airways parent, needs Irish government support

FILE - In this Wednesday June 20, 2012 file photo a flock of sheep stand in a field as two Aer Lingus jets taxi and take off at Dublin Airport, Ireland. Aer Lingus announced Monday Jan. 26, 2015 that British Airways parent IAG has made an improved takeover offer of 2.55 euros ($2.85) per share, and the board of the Irish airline says it is considering the proposal. (AP Photo/Shawn Pogatchnik, File) (The Associated Press)

DUBLIN – Aer Lingus announced Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish airline with its trademark shamrock tailfins on course for foreign acquisition nine years after the national flag carrier's privatization.

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