"While I would certainly be interested in having control of Ryanair's shareholding in Aer Lingus, to use in the long-term interest of the shareholders, the company and consumers, I am really not interested in short-term, limited control of the shares solely to vote for resolutions proposed by Ryanair at the AGM," said Dempsey.
In an open letter of response, Michael O'Leary said that the Minister does not have the option of declining the offer, "we have already executed the proxy in your favour".
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