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In USA Today there's an article that states that if one investor buy 30% of MEH stock a poison pill can be enacted that doubles the number of shares available, thus diluting their share. So in other words, it won't work here.Now, I'm just a pilot but what if they (airTran) just bought up shares of midwest on the open market, and not pay the premium? Then say "hey we own 30% of you, how about selling us the rest".
If it goes through, "Welcome Aboard" to all, except for Chuck Yogurt, who will need to re-apply, and will be interviewed by a board consisting of Fletch, FL717 and myself, with 737Pylt observing as a neutral party . . . . Oh, and the questions will be written by BestPilot.