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Genesis Lease admits merger possible

15 September 2009

Statement: “In response to unusual trading activity in its stock and marketplace rumours, Genesis Lease Limited (NYSE:GLS) said today that it is in discussions with another party concerning a possible M&A transaction.”

Read more: Genesis Lease AerCap

Genesis Lease yesterday (Monday September 14) issued a statement saying that it is in discussions with another company about a possible merger and acquisition deal.

The company issued the statement after shares in Genesis rose 12% in trading hours, from $6.33 a share to close at...


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