AirTran Denied List of Midwest Shareholders
A New York court has rejected discount airline AirTran's lawsuit attempting to get the shareholder list of Midwest Airlines, which AirTran is targeting with a hostile takeover effort.
Justice Helen E. Freedman said in a decision that Midwest does not do business in New York so the company is not subject to New York regulation.
Midwest spokeswoman Carol Skornicka said in a news release that AirTran still can communicate to Midwest shareholders. The company mails out AirTran's offers and other communications directly to shareholders; it's just not interested in sharing the list, she said.
Tad Hutcheson, vice president of marketing for the Orlando-based AirTran, said the court's decision was a technicality and that the airline would appeal and eventually get the list.
Copyright 2005 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.
Terms and Conditions | Privacy Policy
News stories provided by third parties are not edited by "Site Publication" staff. For suggestions and comments, please click the Contact link at the bottom of this page.
