AirTran Makes another offer to Midwest

[EX_CV580FR8Dawg]

I think your old guy in your avart is about to fall over off this new news.

yeah i think he had a stroke

 

[Eagle757shark]

According to yahoo financial news: "Midwest Advises Shareholders to Defer Taking Any Action at This Time in Response to AirTran Offer". The board of directors will review and consider AirTran's offer and will make a recommendation to the shareholders within 10 business days.

Well fellows, looks like the offer has the attention of the Midwest board of directors. The next 10 business days will be interesting. Good luck to us all!

 

[fam62c]

According to yahoo financial news: "Midwest Advises Shareholders to Defer Taking Any Action at This Time in Response to AirTran Offer". The board of directors will review and consider AirTran's offer and will make a recommendation to the shareholders within 10 business days.

Well fellows, looks like the offer has the attention of the Midwest board of directors. The next 10 business days will be interesting. Good luck to us all!

There's no reason to wait 10 days to find out what the MEH board will say. Of course they will advise the shareholders that MEH will be better off as a stand-alone carrier. If Airtran offered $50.00 per share they would still say they were better off alone. It's not about the shareholders at this point it's about the incumbent management team fighting to remain in control of "their" airline. This deal will never have the support of the MEH board and management team unless an overwhelming majority of the stockholders force them to support it.

If the MEH board/management team manages to successfully fight off Airtran they better be ready to produce returns for their stockholders. If they drive Airtran away at $13.25/share and MEH stock is at $10/share a year from now the once trusting investors will rip them a new a$$. Airtran or no Airtran the MEH management team will have to wake up and produce or suffer the consequences. These people took a $25 stock and drove it to almost nothing and now people think they are great because the stock went up to $9.50 (without the Airtran offer)......go figure. The expectations for MEH are so low that anything drives up the stock price.

 

[FlyFastLiveSlow]

here come the merger names!

MID-AIR

 

[Eagle757shark]

There's no reason to wait 10 days to find out what the MEH board will say. Of course they will advise the shareholders that MEH will be better off as a stand-alone carrier. If Airtran offered $50.00 per share they would still say they were better off alone. It's not about the shareholders at this point it's about the incumbent management team fighting to remain in control of "their" airline. This deal will never have the support of the MEH board and management team unless an overwhelming majority of the stockholders force them to support it.

If the MEH board/management team manages to successfully fight off Airtran they better be ready to produce returns for their stockholders. If they drive Airtran away at $13.25/share and MEH stock is at $10/share a year from now the once trusting investors will rip them a new a$$. Airtran or no Airtran the MEH management team will have to wake up and produce or suffer the consequences. These people took a $25 stock and drove it to almost nothing and now people think they are great because the stock went up to $9.50 (without the Airtran offer)......go figure. The expectations for MEH are so low that anything drives up the stock price.

When Airtran made their initial offer of $290 million, Midwest immediately said NO! When the current offer was made, Midwest said we need 10 business days to evaluate. This means this offer has the attention of the Board of Directors and there is pressure on the Midwest Management team. Remember they did hire an outside investment group to help them determine their worth. I believe they may be looking at this offer very closely. The shareholders are most likely putting a lot of pressure on the board at this point. We shall see within 10 business days! It is good to see Oil down to $53 dollars a barel though.