Kendall Law Group Announces Shareholder Investigation into Genesis Lease Limited
Business Wire
Oct 15, 2009
Kendall Law Group, led by a former federal judge and former US Attorney,
announced an investigation on behalf of Genesis Lease Limited
shareholders (NYSE: GLS) for potential breaches of fiduciary duty in
connection with the proposed merger with AerCap Holdings.
According to the agreement, Genesis shareholders will receive 1 share of
AerCap stock for each Genesis stock owned. The closing price as of
September 17, 2009 was $8.81, valuing the transaction at $302.6 million.
The deal will give AerCap access to $200 million of unrestricted cash
from Genesis over the next two years.
Kendall Law Group has nationwide experience representing investors in
mergers and acquisitions. For information about your rights as a Genesis
shareholder, or to share information about this deal, contact attorney
Hamilton Lindley at 877-744-3728, or by email at hlindley@kendalllawgroup.com.
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