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Does the Midwest “Poison Pill” automatically block AirTrans tender offer?

April 26, 2017airtran automatically block midwest Offer poison pill tender

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Does the Midwest “Poison Pill” automatically block AirTrans tender offer?

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No, a “poison pill” is an anti-takeover provision that Midwest adopted some years ago. In essence, it is a tactic that the Midwest Board may use as leverage in a negotiation with a buyer like AirTran.