Southwest-AirTran deal just one of several big mergers under way

10/4/2010 |

In the days since Southwest Airlines announced its proposed acquisition of AirTran Airways for $1.4 billion, another major merger deal transpired. Mid-sized aircraft part supplier TransDigm Group Inc. announced a similar-sized plan to buy McKechnie Aerospace Holdings, and the announcements come not long after Safran SA announced on Sept. 20 a plan to buy biometrics company L-1 Identity Solutions for $1.1 billion.

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