Overview
- The merger proposal won approximately 99.25% of votes cast, with 29,695,963 in favor, 185,635 against and 37,271 abstentions.
- About 71.4% of outstanding shares were represented at the special meeting in person or by proxy.
- The deal remains subject to customary regulatory approvals and other closing conditions and is expected to close this week.
- SEC filings indicate Mesa will be the surviving entity taking the Republic name, with pre-merger Republic holders at 88% ownership, Mesa holders at 6% and 6% placed in escrow for Mesa investors.
- The merged airline will maintain current capacity-purchase flying, with Republic serving United, Delta and American and Mesa operating as United Express.