AirTran shareholders appove acquisition by Southwest
Southwest Airlines confirmed that shareholders of AirTran have overwhelmingly approved the proposed acquisition of AirTran by the carrier. The transaction remains under review by the US Department of Justice and is subject to certain other regulatory clearances.
Major movers were Air Canada B Shares, down 3% and Brazilian LCC GOL, which rose 2.5%.
Selected AAD daily share price movements (% change): 23-Mar-2011