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Join Date: Feb 2001
Location: Berkeley, CA USA
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Posts: 57,072
Wall Street should be concerned about whether this deal will go through. If NWA had written a check to Midwest in exchange for an agreement not to be acquired by AirTran, that would not have passed muster. From the outside, this deal looks like a complex way to achieve the very same purpose.
I'd call this a coin flip at this point.