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Triangle Looks for Benefit from Local Midway Investment

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RALEIGH — Sources say the investment group that'strying to land theis Midway deal is led by billionaire Jim Goodnight.

Goodnight is the owner of SAS, one of the world's largest computersoftware companies that's headquartered in Cary.

Tom White, with the greater Durham Chamber of Commerce, says the factthat Goodnight's investment group is based in the triangle coulddefinitely attract more business here.

Airport director John Brantley says a financially stable Midway withplans to expand would definitely have room to grow at RDU.

The details of the deal with current Midway owner Sam Zell are still upin the air.Commercial Aviation Report, an industry newsletterheading to print tomorrow, is reporting that under the terms of the dealthe investment group "will buy controlling interest in the airline."

And while the numbers of that deal aren't being released, thenewsletter writes "indications are that about 20 million dollars will beinfused in Midway with one third coming from Zell and two thirds fromGoodnight's group.

Brantley is being cautiously optimistic.

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