ExpressJet stockholders approve merger with SkyWest

0
131

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.