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Midwest Rejects AirTran a Third Time

Midwest’s board rejected AirTran’s offer for a third time on Friday, leading AirTran to put out a statement calling Midwest’s board "delusional."  AirTran had upped its offer to $15.75 a share for Midwest, whose stock had closed at $8.13 on Friday (maybe AirTran is delusional). 

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