Airtran dropping Midwest??

[FlyWolf]

A lot of indications in the market shows that airTran will not renew the offer tomorrow, I think they will wait till the meh annual meeting.

Tomorrow should be very interesting, for one, we will be able to see how many shares have been tendered.

 

[Flyer1015]

About time to drop it all. Hopefully the merger mania is over, until the next aviation downturn.

 

[TV9Driver]

Wolf,

It will be interesting to see what happens to MEH's stock if AAI drops out. We'll see if it was being boistered by the recent expansion proposal Hokesema announced a few weeks ago, or if it will return to the pre-AAI offer level.

I still think it is a good deal for both of our airlines, but I can definitely understand the trepidation that both pilot groups have.

Good luck to everyone involved.

 

[twepilot]

1.77 million tendered and extended to April 11th...

RV

 

[ultrarunner]

1.77 million tendered and extended to April 11th...

RV

Yep, that's nearly 10 percent of outstanding shares. AAI filed with the SEC today for three seats on MEH's BOD.

This is getting good!

 

[FlyWolf]

Thanks twepilot, yes just read it has been extended, wow, 1.77 million, didn't think the number will be that high at the current offer, but again what do I know

TV9, I know, we were at $9 pre-merger news, and our stock have taken a beating the last few days, everyone thought that AAI is dropping the deal.

News worth mentioning, MEH ALPA have formed a merger committee and also established a merger fund.

I agree with you TV9, best of luck to all of us involved in this deal. Both companies are good airlines that work hard to survive.

Cheers

 

[FlyWolf]

Sorry Lear70, it seems like this deal is not over yet

 

[ultrarunner]

.....News worth mentioning, MEH ALPA have formed a merger committee and also established a merger fund.....

I bet they have!

 

[gearup5]

Get out the stapler! Just kidding...maby we should just cut and paste.

 

[Eagle757shark]

With AirTran having 1.77 million shares and electing three members to the board, is an indication AirTran will be sticking around in MKE for the long haul. AirTran has extended its offer to April 11, 2007. What does this truely indicate, I don't know. But again it will all come down to the shareholders in the end.