SkyWest said it ended its quest to acquire ExpressJet Holdings after the latter announced a new service agreement with Continental Airlines last week (ATWOnline, June 9). In April, ExpressJet rejected an unsolicited buyout offer from SkyWest Inc. valued at $3.50 per share or around $180 million, claiming that the offer undervalued the carrier (ATWOnline, April 28). "Although we continue to believe our offer represented a favorable opportunity for ExpressJet stakeholders, the execution of a ...

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