(Reuters) - Midwest, which had steadfastly opposed AirTran's hostile
takeover offer valued at $15 per share, recently left the door
open to negotiations after shareholders in June elected
AirTran's three nominees to Midwest's board.
Hurowitz called the current AirTran offer "extremely
compelling," adding that "it is irresponsible and wrong for the
company not to abide by its fiduciary responsibility to engage
with AirTran."
Read more at Reuters.com Mergers News
takeover offer valued at $15 per share, recently left the door
open to negotiations after shareholders in June elected
AirTran's three nominees to Midwest's board.
Hurowitz called the current AirTran offer "extremely
compelling," adding that "it is irresponsible and wrong for the
company not to abide by its fiduciary responsibility to engage
with AirTran."
Read more at Reuters.com Mergers News
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