UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 3, 2010
EXPRESSJET HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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1-31300
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76-0517977
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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700 North Sam Houston Parkway
West, Suite 200
Houston, Texas 77067
(Address of principal executive offices)
(zip code)
(832) 353-1000
(Registrants telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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x
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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On August 4, 2010,
ExpressJet Holdings, Inc., a Delaware corporation (ExpressJet), announced that it had entered into a definitive merger agreement with SkyWest, Inc., a Utah corporation (SkyWest), pursuant to which SkyWest will acquire
ExpressJet in a cash transaction. The Agreement and Plan of Merger, dated August 3, 2010 (the Merger Agreement), by and among SkyWest, ExpressJet and Express Delaware Merger Co., a Delaware corporation (Merger Sub),
contemplates a merger (the Merger) whereby Merger Sub will be merged with and into ExpressJet, with ExpressJet surviving the Merger as an indirect wholly owned subsidiary of SkyWest.
A copy of the press release is filed as exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
* * *
Important Information
for Investors and Stockholders
This communication does not constitute an offer to sell or the solicitation of an offer to buy any
securities or a solicitation of any vote or approval. The transaction will be submitted to the stockholders of ExpressJet Holdings, Inc. (XJT) for their approval.
In connection with the transaction, XJT will file a proxy statement with the Securities and Exchange Commission (SEC). A definitive proxy
statement will also be mailed to stockholders of XJT. XJT and SkyWest, Inc. (SKYW) also plan to file other documents with the SEC regarding the transaction.
INVESTORS AND SECURITY HOLDERS OF EXPRESSJET ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY
AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT XJT AND THE TRANSACTION.
Investors and
stockholders will be able to obtain free copies of the proxy statement and other documents containing important information about XJT and SKYW, once such documents are filed with the SEC, through the website maintained by the SEC at
http://www.sec.gov. Copies of the documents filed with the SEC by XJT will be available free of charge on XJTs website at www.expressjet.com under the tab Investors or by contacting XJTs Investor Relations Department at
(832) 353-1409. Copies of the documents filed with the SEC by SKYW will be available free of charge on SKYWs website at www.skywest.com under the tab Invest or by contacting SKYWs Investor Relations Department at
(435) 634-3203. None of the information included on any web site maintained by XJT, SKYW or any of their affiliates, or any other Internet web site linked to any such web site, is incorporated by reference in or otherwise made a part of this
communication.
XJT, SKYW and certain of their respective directors and executive officers may be deemed to be participants in the
solicitation of proxies from the stockholders of XJT in connection with the transaction. Information about the directors and executive officers of XJT is set forth in its proxy statement for its 2010 annual meeting of stockholders, which was filed
with the SEC on April 2, 2010. Information about the directors and executive officers of SKYW is set forth in its proxy statement for its 2010 annual meeting of stockholders, which was filed with the SEC on March 12, 2010. These documents
can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, in the transaction
will be contained in the proxy statement and other relevant materials to be filed with the SEC.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 that are not limited to historical facts, but reflect XJTs and SKYWs current beliefs, expectations or intentions regarding future events. Words such as may, will, could,
should, expect, plan, project, intend, anticipate, believe, estimate, predict, potential, pursue, target,
continue, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, XJTs and SKYWs expectations with respect to the synergies, costs and
other anticipated financial impacts of the transaction; future financial and operating results of the combined company; the combined companys plans, objectives, expectations and intentions with respect to future operations and services;
approval of the transaction by stockholders and by governmental regulatory authorities; the satisfaction of the closing conditions to the transaction; and the timing of the completion of the transaction. No assurance can be given that the
transaction will be completed or that completion will not be delayed.
All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of XJT and SKYW and are difficult to predict. Examples of such risks and uncertainties
include, but are not limited to, (1) the possibility that the transaction is delayed or does not close, including due to the failure to receive required stockholder or regulatory approvals, the taking of governmental action (including the
passage of legislation) to block the transaction, or the failure of other closing conditions, and (2) the possibility that the expected synergies will not be realized, or will not be realized within the expected time period, because of, among
other things, the progress of the merger between Continental Airlines, Inc. and United Air Lines, Inc., global economic conditions, competitive actions taken by other airlines, terrorist attacks, natural disasters, difficulties in integrating the
two airlines, the willingness of customers to travel by air, actions taken or conditions imposed by the U.S. and foreign governments or other regulatory matters, excessive taxation, further industry consolidation and changes in airlines alliances,
the availability and cost of insurance and public health threats.
XJT and SKYW caution that the foregoing list of factors is not exclusive.
Additional information concerning these and other risk factors is contained in XJTs and SKYWs most recently filed Annual Reports on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC
filings. All subsequent written and oral forward-looking statements concerning XJT, SKYW, the transaction or other matters and attributable to XJT, SKYW or any person acting on their behalf are expressly qualified in their entirety by the cautionary
statements above. Neither XJT nor SKYW undertakes any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit
No.
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Description
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99.1
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Press release, dated August 4, 2010.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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EXPRESSJET HOLDINGS, INC.
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By:
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/s/ T
HOMAS
M.
H
ANLEY
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Name:
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Thomas M. Hanley
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Title:
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President and Chief Executive Officer
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Dated: August 4, 2010
EXHIBIT INDEX
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Exhibit
No.
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Description
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99.1
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Press release, dated August 4, 2010.
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