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Republic buying Midwest Airlines

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AirwAr

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A few years ago when Airtran offered to purchase Midwest for $290 million in stock and cash, I remember thinking that was a pretty good move for Airtran and one of the few ways that Midwest could be succesfully integrated into a larger company. However, to my surprise they fought it.

Now, this announcement today got me thinking again , why did Midwest reject Airtran's offer?
http://finance.yahoo.com/news/Republic-buy...ml?x=0&.v=6
 
Not related to Airtran--at least, not now. Moving to Regionals & Nationals.
 
Evidently no one wants to guess why something didn't happen in the past. This thread is closed.
 
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