Bloomberg News

Qantas Buyout Seen as Shares Crash Below Asset Value

June 18, 2012

The stock price of Qantas Airways Ltd. is so beaten down that acquirers can buy Australia’s biggest carrier for less than its value in a fire sale. (Source: Bloomberg)

Running Time: 01:10

June 18 (Bloomberg) -- The stock price of Qantas Airways Ltd. is so beaten down that acquirers can buy Australia’s biggest carrier for less than its value in a fire sale. (Source: Bloomberg)

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