Ancient history is still...wait for it...hold on now...
History.
Corporate transaction history is well documented and archived by the SEC. Here's a direct quote from the Form 8-K filed by SkyWest, Inc. on August 4, 2010:
"On August 4, 2010, SkyWest, Inc. (“SkyWest”) issued a press release announcing its execution of an Agreement and Plan of Merger (the “Merger Agreement”), dated August 3, 2010, by and between SkyWest, Express Delaware Merger Co., an indirect, wholly-owned subsidiary of SkyWest (“SkyWest Subsidiary”), and ExpressJet Holdings, Inc. (“ExpressJet”), pursuant to which SkyWest proposes to acquire ExpressJet, through a merger between SkyWest Subsidiary and ExpressJet, and the stockholders of ExpressJet will receive $6.75 per share in cash for each of the issued and outstanding shares of common stock of ExpressJet (collectively, the “Merger”)."
The "we bought you" mantra is just one of many examples why this merger has been a complete failure. Hubris has blinded reality for the "leaders" in control of the ASA pilot group. They have attempted to paint a picture of the XJT pilot group as being "obstructionists," SkyWest being "done with them," etc., all nothing more than a veil for them to hide behind while they pursue their selfish agenda of absolute control. Their overt tactics of stalling at every turn, in an attempt to bleed the XJT pilot group to death, has severely harmed their own pilots in the process. The events of the last several weeks should be a wake up call for the ASA pilots to take their airline back before it's too late. Or you can just keep running around shouting "we bought you," while simultaneously complaining that SkyWest pilots are flying ASA tails in and out of Atlanta. Up to you.
