16-Nov-2010 3:55 PM
SkyWest completes acquisition of Expressjet; Alaska Air trading at 12-year high; Republic up
Analysis
SkyWest (+0.9%) gained in a day of mixed trading for North and South American airlines. The carrier rose after announcing the completion of its acquisition of ExpressJet Holdings, the parent company of ExpressJet Airlines. As a result of a merger transaction, ExpressJet Holdings has become a wholly owned subsidiary of Atlantic Southeast Airlines, which is a wholly owned subsidiary of SkyWest.
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