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Air Lease Corporation Enters into Merger Agreement with Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield

1. Air Lease is set to be acquired for $65 per share. 2. The acquisition involves major investment firms, enhancing financial stability.

M&A
+5.92%Current Return
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-0.46%S&P 500
$60.2109/02 06:21 AM EDTEvent Start
$63.77509/03 01:02 PM EDTLatest Updated
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FAQ

Why Very Bullish?

The acquisition at $65 per share represents a premium over current prices, ensuring shareholder value. Historically, acquisition announcements often lead to price increases, as seen with similar transactions in the aviation sector.

How important is it?

This acquisition announcement directly influences shareholder returns and stock price movement, making it highly relevant. With investment from reputable firms, confidence in AL's future operations is likely to increase.

Why Short Term?

The immediate effects of the acquisition announcement are expected to influence AL's stock price markedly before the transaction closes. Once the deal is finalized, the price stabilization at $65 might occur, shifting focus away from AL.

Related Companies

APOBAMSMFG
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) (“Air Lease”) announced today that it has entered into a definitive agreement to be acquired by a new holding company based in Dublin, Ireland, whose shares are held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds (“Apollo”) and Brookfield. Under the terms of the merger agreement, at the closing of the transaction, Air Lease stockholders will receive $65.00 in cash for each sh.

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