 The Irish Government slammed O'Leary's offer as "undervaluing the airline" and stated that a Ryanair takeover would have a "significant negative impact" on competition in the industry and on the Irish consumer.Ryanair repeatedly stated that another bid was unlikely, but it kept a stake in Aer Lingus, prompting an investigation by competition regulators in the UK.In June 2009, Aer Lingus re-branded its "Premier Class" to the new "Business Class".