20-Aug-2010 3:38 PM
Fortress to reduce Aircastle stake; Menzies declares dividend
Analysis
Aircastle shares slumped 8.1% yesterday, the largest reduction since 04-Jun-2010, to USD8.34 per share, after the aircraft lessor stated its largest shareholder, Fortress Investment Group, intends to sell 3.9 million shares in the company, reducing its stake to 29%.
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