15-Sep-2009 10:03 AM

Genesis Lease responds to unusual trading activity

Direct News Source

14-Sep-2009 In response to unusual trading activity in its stock and marketplace rumors, Genesis Lease Limited (NYSE:GLS) said today that it is in discussions with another party concerning a possible M&A transaction.

Genesis cautioned that no assurances can be given that a definitive agreement relating to such a transaction will be reached or as to what the terms of a transaction would be. Genesis also said that it does not intend to make further comment unless or until there is a transaction to announce.