03-May-2011 3:39 PM
Southwest completes acquisition of AirTran
Analysis
Southwest Airlines closed on its purchase of all of the outstanding common stock of AirTran Holdings, the former parent company of AirTran Airways. Each share of AirTran common stock will be exchanged for USD3.75 in cash and 0.321 shares of Southwest Airlines' common stock. Southwest shares finished 1.2% lower on Monday.
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