Negotiations with Midwest Have Ended After Midwest Board Rejects Enhanced Offer
Midwest Air Group, Inc. (AMEX: MEH), parent company of Midwest Airlines, today acknowledged the announcement by AirTran Holdings, Inc. (NYSE: AAI) of the results of its unsolicited exchange offer, which expired Friday, June 8.
Midwest Airlines (Amex: MEH) took home another „best“ award when its popular frequent flyer program — Midwest Miles — earned the Freddie Award for Best Customer Service at the 19th Annual Freddie Awards on April 26 in Arlington, Va. It is the second consecutive year the airline has won the coveted award.
AirTran Airways Customers Affected by Winter Storms Moving Across the Midwest and Northeast May Change Travel Plans Without Penalty
AirTran Airways, a subsidiary of AirTran Holdings, Inc., (NYSE: AAI), advises passengers that due to a severe winter weather system moving across the U.S. today, some flight operations may be affected later today and tomorrow.
The board, with its legal and financial advisors, reached its conclusion after careful consideration — which included a thorough review of the AirTran offer, the various alternatives available to Midwest and Midwest’s strategic plan.
AirTran Holdings, Inc. (NYSE: AAI) announced that it is extremely disappointed that Midwest has again unilaterally rejected AirTran’s offer to combine the two airlines, without even having the benefit of holding direct talks with AirTran to explore the strategic and financial logic of such a merger.
AirTran Holdings, Inc. (NYSE: AAI), the parent company of AirTran Airways, announced that Joe Leonard, AirTran chairman and chief executive officer, and Bob Fornaro, AirTran president and chief operating officer, sent a letter to the shareholders of Midwest Air Group (Amex: MEH)