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Lufthansa (Frankfurt) has made a public offer to the shareholders of Austrian Airlines (Vienna) to acquire the shares of the airline via the OLH holding company. ย LH is offering EUR 4.49 for each share of Austrian stock. ย This bid price is based on the average price of the stock over the past six months. ย The offer expires on May 11, 2009. ย The goal is to bring Austrian into the Lufthansa Group (like Swiss).

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