The U.S. Department of Justice (DOJ) has closed its investigation of the pending acquisition of Midwest Air Group by Midwest Air Partners, LLC, an affiliate of TPG Capital. As a result, the parties are able to close the acquisition in compliance with the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The acquisition is expected to close January 31, 2008.
As previously announced, the transaction was approved at a special meeting of Midwest shareholders on October 30, 2007. Completion of the acquisition is subject to the satisfaction of customary closing conditions.Email Post to a Friend