An interesting little merger attempt popped up on Friday that, as Holly Hegeman says, looks like a squeeze play. SkyWest has announced that it wants to buy ExpressJet for $3.50 a share.
The airline was hovering just over the $2 a share mark before the announcement, so this is a nice little premium. ExpressJet, [...]
Read the complete post at http://crankyflier.com/2008/04/28/428-skywest-and-continental-put-the-screws-to-expressjet/
Mon, Apr 28 2008 3:34 PM
The Cranky Flier
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