Thursday, April 19, 2007

UPDATE 1-Southwest Airlines posts higher earnings

(Reuters) - Following the release of the numbers, Chief Executive Gary Kelly played down talk that the airline was a leveraged buyout candidate.

Southwest shares rose sharply on Wednesday after Roger King, an airline analyst with CreditSights, said in a report that a $15 billion Southwest leveraged buyout was a "no-brainer."


Read more at Reuters.com Mergers News

No comments: