Southwest to buy Frontier?

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http://www.marketwatch.com/story/southwest-submits-proposal-to-buy-frontier-air-2009-07-30

Jul 30, 2009, 1:25 p.m. EST
Southwest submits proposal to buy Frontier Air

SAN FRANCISCO (MarketWatch) -- Bankrupt airline operator Frontier
Airlines Holdings Inc. said Thursday that Southwest Airlines Co.
submitted a proposal to acquire the airline under an auction
procedure. Earlier in the month, a bankruptcy court approved a
proposed $108.75 million purchase of the company by Republic Airways
Holdings Inc. Separately, Southwest said it is offering a minimum of
$113.6 million. Frontier plans to emerge from Chapter 11 bankruptcy
protection in the fall.

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