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September 28th, 2010back

Southwest Airlines to acquire AirTran Airways

Southwest Airlines announced that they will purchase AirTran Airways for approximately 1.4 billion. The agreement has been unanimously approved by the boards of directors of each company, and closing is subject to the approval of AirTran stockholders, receipt of certain regulatory clearances, and fulfillment of customary closing conditions.
Southwest Airlines will gain approximately 25 additional destinations.
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