ASA Bids To Acquire ExpressJet Holdings
By Jennifer Michels jennifer_michels@aviationweek.com
WASHINGTON
SkyWest Inc. wholly owned subsidiary Atlantic Southeast Airlines intends to acquire ExpressJet Holdings Inc. for $133 million, if a merger agreement approved by both carrier’s boards is approved by regulators and ExpressJet stockholders.
Under their agreement, ASA would acquire all outstanding shares of common stock of ExpressJet for $6.75 a share ...