(Reuters) - CHICAGO, April 2 - AirTran Holdings Inc. , parent of low-cost airline AirTran Airways, said on Monday it increased its hostile offer for Midwest Air Group Inc. to $15 per Midwest share, or about $389 million in total.
It is the second time AirTran has increased its bid for Midwest, which has said it prefers to remain independent. AirTran first offered to buy Midwest for $11.25 per share on Oct. 20, 2006.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment