AirTran Extends Midwest Tender Offer

May 17, 2007

Bookmark and Share

AirTran Holdings said it was extending its latest tender offer of USD$15 a share for Midwest Air Group until June 8.

The parent company of AirTran Airways said Midwest shareholders agreed to tender more than 13.9 million shares to AirTran unit Galena Acquisition Corp., representing more than 56.6 percent of Midwest shares.

AirTran increased its hostile offer for Midwest Air Group on April 2.