Originally Posted by
Tim34
Maybe but the people whom are most likely to buy the stock are looking for a quick profit not to save Midwest air
Yeah, there's no question that the Heartland sale benefits AirTran. They want the shares in the hands of speculators, not long-term Milwaukee-based shareholders.
This is a very interesting situation. Successful hostile takeovers are very rare in the airline industry. AirTran certainly has a shot here. I guess we'll find out in the next few weeks if they have enough votes. If you like corporate intrigue, the YX shareholder meeting should be very interesting.