Midwest Airlines said it is rejecting overtures from AirTran because the offer isn't in the best interests of its employees, shareholders, customers or the communities it serves. AirTran revealed the $290 million deal Wednesday (ATWOnline, Dec. 14), saying the two carriers are compatible and together could become a "national low-cost, high-quality airline" generating $3 billion in pro forma revenue next year. Despite the rosy scenario painted by its suitor, Midwest demurred, saying it ...

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