ExpressJet stockholders approve merger with SkyWest

HOUSTON – ExpressJet Holdings, Inc. announced that its stockholders voted to adopt and approve the merger agreement between SkyWest, Inc. and ExpressJet Holdings, Inc.

HOUSTON – ExpressJet Holdings, Inc. announced that its stockholders voted to adopt and approve the merger agreement between SkyWest, Inc. and ExpressJet Holdings, Inc. at a special meeting held today in Houston, Texas.

On August 4, 2010, ExpressJet and SkyWest announced that they entered into a definitive merger agreement whereby SkyWest, Inc. will acquire all of the outstanding common stock of ExpressJet for $6.75 per share in cash subject to the conditions of the definitive merger agreement. SkyWest, Inc. 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 November 12, 2010.

About the author

Avatar of Linda Hohnholz

Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

Share to...