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Department of Justice completes Southwest and AirTran antitrust review

27-Apr-2011 11:36 AM

Southwest Airlines and AirTran announced (26-Apr-2011) they have been notified by the Antitrust Division of the US Department of Justice (DOJ) of the termination of its Hart-Scott-Rodino Act review and the closing of its investigation of the carriers' pending merger. AirTran stockholders approved the acquisition of AirTran by Southwest Airlines on 23-Mar-2011, which, when combined with DOJ approval and other regulatory clearances, constitutes one of the final steps toward closing the transaction. Southwest said previously that it plans to close on 02May-2011. [more - Southwest] [more - DOJ statement]