HC Deb 25 May 1984 vol 60 cc592-3W
Mr. Murphy

asked the Secretary of State for Trade and Industry how he proposes, in the event of a merger between Thorn-EMI and British Aerospace, that employee shareholders will participate in any decision about the future of their companies; and if he will make a statement.

Mr. Norman Lamont

In the event of any proposal being put to BAe shareholders, all employees who hold shares in the company will be able to decide individually whether or not they wish to accept the terms of the offer.