Once Southwest Airlines’ acquisition of AirTran Holdings Inc. is complete, Southwest General Counsel Madeleine Johnson will be able to fly into Atlanta, Boston, New York or Washington without having to travel on a competitor’s plane.
Southwest, the biggest discount airline in the U.S., currently doesn’t fly into those four major cities, but AirTran Airways does as well as to Mexico and the Caribbean. The purchase price was $1.4 billion in cash and stock. Johnson led an in-house legal team with Mark Shaw, Robert Kneisley, and Marilyn Post-and worked with outside counsel at Vinson & Elkins on the purchase.
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