11-Nov-2010 11:37 AM

ExpressJet stockholders approve merger with SkyWest

ExpressJet Holdings announced (10-Nov-2010) its stockholders have voted to adopt and approve the merger agreement with SkyWest at a special meeting held on 10-Nov-2010 in Houston, Texas. On 04-Aug-2010, ExpressJet and SkyWest announced they entered into a definitive merger agreement whereby SkyWest will acquire all of the outstanding common stock of ExpressJet for USD6.75 per share in cash subject to the conditions of the definitive merger agreement. SkyWest advised that its intention is that ExpressJet Airlines will be merged with its wholly owned subsidiary, Atlantic Southeast Airlines, following the closing of the transaction and receipt of all required regulatory approvals. The merger is currently expected to close on 12-Nov-2010. [more]

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