ExpressJet (XJT)

[surf1944]

7:16AM ExpressJet accepts SkyWest (SKYW) acquisition proposal of $6.75 per share in cash (XJT) 3.28 : Co announced that it signed a definitive merger agreement with SkyWest (SKYW) whereby SkyWest will acquire all of the outstanding common shares of co for $6.75 per share in cash subject to the conditions of the definitive merger agreement. SkyWest advised that its intention is that co will be merged with its wholly-owned subsidiary, Atlantic Southeast Airlines following the closing of the transaction and receipt of all required regulatory approvals.