Things to ponder:
1) Why did SkyWest get the MidEx flying out of the blue? Why not Xjet or AirWis?
2) Where is Reber going?
3) I read in another most that the MEC at Midwest "suddenly changed their mind from being neutral to now backing Midwests management."
4) Midwest management would probably love it to happen since they would probably be operated as a separate company under SkyWest Inc. and they would keep their jobs (plus not have to worry about hositle takeover).
I still think it's unlikely, but it would probably make sense....