CHICAGO — Chicago Mayor Rahm Emanuel's announcement Friday that the city would explore leasing Midway International Airport to private operators came with a full-court press to portray any eventual deal as a good one for taxpayers.

Terms would differ significantly from former Mayor Richard Daley's proposed $2.5 billion, 99-year Midway concession to Midway Investment and Development Co. that fell apart in 2009 due to the international credit crunch, and from Daley's unpopular 2009 $1.15 billion parking meter lease.

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