Will AirTran finally convince Midwest?

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04-08-2007, 03:33 PM

#11

320ToBearz

Gets Weekends Off

Joined APC: Apr 2006

Posts: 361

Quote:

Originally Posted by ryane946

I'd give it 75-80% odds it does happen. $389 million is MORE than Midwest is worth. Their stock was in the $9 range when AirTran announced their takeover bid. Now AirTran is offering them $9 cash and about $6 in AirTran stock for every share of Midwest.

I would take the deal.

their stock was on the uptick before air trans offer and they were also trading at close to $20 in late 2002 before the fuel price spike. air tran's stock has been on the decline as well and there is no guarantee on how it will go as it is down over the last year. the politicians i would think do not want this to happen as what amr did to stl is fresh on the mind of those wi politicians who do not want to see 2000 people lose their jobs in mke.

we will definitely see on april 13th or so when the meh board states their opinion.

04-13-2007, 11:44 PM

#12

mastercraft

On Reserve

Joined APC: Oct 2006

Position: 737 FO

Posts: 20

Watch out AirTran pilots

How many of you have wondered why AirTran Holdings Inc formed a new corporation to buy Midwest Air Group? Your CBA (and scope) deal with AirTran Airways, not Holdings!

04-14-2007, 07:29 PM

#13