Why is AirTran raising the price for Midwest?
There are two issues. First, we have always felt that if we were given the opportunity to sit down with Midwest management and do our due diligence it was likely we would identify a higher value associated with combining our two companies and thus enable us to increase our offer. Second, based on analysis and discussions with some of Midwest’s larger, institutional shareholders, we determined that it was appropriate to increase our offer price.
