Tuesday, December 25, 2007

Journal-Sentinel editorial board weighs in on Midwest Airlines buyout

Eight days ago concerns about the TPG Capital buyout of Midwest Airlines was discussed here, the Milwaukee Journal-Sentinel essentially confirms the skepticism in a Wednesday editorial.

Let's hope the Justice Department puts some strong restrictions on what role Northwest Airlines can play as the "minority" owner of Midwest. Top on the list should be a requiement that Northwest has no say so in Midwest operations nor can it ever buy a controlling interest, period.

No comments: