Airline

SOUTHWEST ACQUISITION OF AIRTRAN APPROVED BY SHAREHOLDERS

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SOUTHWEST ACQUISITION OF AIRTRAN APPROVED BY SHAREHOLDERS

AirTran Airways shareholders voted yesterday to sell the airline to Southwest for $1.4 billion. More than 98.6% of shareholders voted, with 77.5% voted for the sale. The deal still needs to be approved by federal antitrust regulators before it can close the deal, which it expects to do in the next t...

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