Midwest has 4 Interested Buyers

[GOULET!]

One way or another, something will be announced Monday morning guaranteed. You heard it here first!

 

[MarineGrunt]

AirTran will not acquire Midwest. You hear it here first...!

 

[GOULET!]

I hope your right MarineGrunt and if they don't I will proudly announce that I heard it on FI first!!

 

[CitationLover]

Last I checked Northwest Airlines has the highest profit margin of any U.S. Airline at 7.2%. Air Trans profit margin is only 2.7%.

http://www.bts.gov/press_releases/2007/bts029_07/html/bts029_07.html

it's amazing what can happen when you use the american taxpayer to rape and pillage your employees.

 

[Schwanker]

How does NWA buy anything with no money and lousy credit? I wouldn't loan them a nickel...

Did you loan them that nickel? If not, who's the "passive" investor JL is referring to, the one with anti-trust issues? I can only think of one, but what do I know.

Schwanker

 

[deadstick]

So what about JL's three new board members?

 

[Schwanker]

AirTran will not acquire Midwest. You hear it here first...!

Not bad for a jarhead! Good call!

Schwanker

 

[CitationLover]

So what about JL's three new board members?

they are board members at MEH with $40,000 paid to them from AirTran. they will be up for reelection when their term runs out. their duty is to MEH and not JL.

 

[Jeff Helgeson]

Put Down The Testers Glue........

I heard AA was interested because they want the 717's and need MKE as a reliever for ORD since it's at capacity. TC




P.S.--That's a joke, you know...

.................and quit scratchin' your testies!!!

 

[CitationLover]

So what about JL's three new board members?

and besides after 8/15 or when the shares are purchased there is no more BoD. private companies do not have them.

 

[On Your Six]

Looks like a group led by NWA and Texas Pacific Group (private equity) has submitted a $16 per share offer and AirTran has stated they would not raise their original offer of $15. The AirTran deal made more strategic sense - we'll see what happens.

So, looks like AirTran might need to find new homes for the incoming 737-700s other than MKE......... That should be interesting.

 

[jws717]

Air Wisconsin...

 

[eightdriver]

Now that JL is not going to buy us...I hope that TPG is planning on doing something with Midwest. This can't be any worse then our current position...

 

[jetflier]

Well here is a link to the Atlante Business Journal and a quote...


http://www.bizjournals.com/atlanta/stories/2007/08/13/daily2.html?b=1186977600^1505448

"The group expects to execute a merger agreement no later than Aug. 15, according to a letter released by Midwest."

I guess that time will tell...