(Reuters) - NEW YORK, June 14 - Midwest Air Group Inc.
on Thursday took a step toward would-be acquirer
AirTran Holdings Inc. after the low-cost carrier's
shareholders elected three board members nominated by AirTran.
Midwest, which had steadfastly opposed AirTran's hostile
takeover offer, will allow AirTran to make a presentation to
its board about the bid, the company said. Midwest left the
door open to negotiations, but said no decision has been made.
Read more at Reuters.com Bonds News
on Thursday took a step toward would-be acquirer
AirTran Holdings Inc. after the low-cost carrier's
shareholders elected three board members nominated by AirTran.
Midwest, which had steadfastly opposed AirTran's hostile
takeover offer, will allow AirTran to make a presentation to
its board about the bid, the company said. Midwest left the
door open to negotiations, but said no decision has been made.
Read more at Reuters.com Bonds News
No comments:
Post a Comment