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Sunday, August 12, 2007

Midwest Yanked from the Clutches of Airtran

by Keith Schmitz

The best care in the air lives on.

Just announced Midwest Airlines has entered into an agreement with mega private equity group TPG Capital out of Texas. Airtran has withdrawn their offer.

Here is the story from the Milwaukee Journal and PRWire.

As far as the future, who knows? My guess is that Tim Hoeksema is not going to sell the company or its employees out to be dismantled.

Losing Midwest would have been a major blow to Milwaukee's image. Safe for now.

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