15-Sep-2009 10:03 AM

Genesis Lease responds to unusual trading activity

Genesis Lease stated it is in discussions with another party concerning a possible M&A transaction. The company can give no assurances that a definitive agreement relating to such a transaction will be reached, to the terms of a transaction. Genesis also stated it does not intend to make further comment unless or until there is a transaction to announce. The company is reportedly the target of a bid by Dutch leasing firm, AerCap. [more] [more - Share Wrap]