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Midwest to Mull Sale
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Midwest Air Group (MEH) says it will create a committee to review strategic alternatives, including the hostile takeover bid by AirTran(AAI).
Midwest shares rose sharply Tuesday, climbing 12.5% to $14.19, after the carrier said it has formed a committee "to explore strategic and financial alternatives that would serve to enhance value for the company's shareholders" and to make a recommendation to the board.
The committee is chaired by Sam Skinner, a former secretary of transportation, and also includes four board members. ...
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