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Low-cost Southwest will buy rival AirTran to expand its travel market in the north-east coast
Dallas , USA - The deal is valuated 1,42 billion dollars
The agreement for the merger of AirTran Holdings and Southwest Airlines should be concluded in the first six months of 2011. The purpose was announced yesterday, Monday September 27th 2010, and still has to be approved by stakeholders and by US Justice Department. The operation, estimated about 1,42 billion dollars, a price that includes a 69% premium to AirTran's Friday closing price, would make...
AVIONEWS - World Aeronautical Press Agency - 1121158
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency