Kendall Law Group Announces Shareholder Investigation into Genesis Lease Limited

October 15, 2009 1:32 PM EDT

DALLAS--(BUSINESS WIRE)-- 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.

    Source: Kendall Law Group

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