ORLANDO, Fla. – AirTran Holdings, Inc., the parent company of AirTran Airways, announced today that its stockholders voted overwhelmingly to approve the merger of a wholly-owned subsidiary of Southwest Airlines Co. with and into AirTran at a special meeting held today in Orlando. More than 98.6 percent of the votes cast and 77.5 percent of shares outstanding were voted in favor of the transaction.
“We are grateful for our stockholders’ strong vote of confidence in this merger,” said Bob Fornaro, AirTran’s chairman, president and chief executive officer. “In approving the transaction, our stockholders recognized the value of bringing together AirTran and Southwest to create a platform for increased profitability and sustainable long-term value.”
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