BALA CYNWYD, Pa., Sept. 18, 2009 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Genesis Lease Limited. ("Genesis" or the "Company") (NYSE:GLS) related to the proposed merger with AerCap Holding N.V. ("AerCap") (NYSE:AER). In an all stock deal, AerCap has offered Genesis shareholders 1 share of AerCap stock for each share of Genesis common stock owned. Based upon the closing stock price of AerCap common stock on September 17, 2009, this represents $8.81 per share, or a total amount of $302.6 million. The deal appears to be unfair, in part, because the deal will give AerCap access to $200 million of unrestricted cash from Genesis over the next two years.
If you are a Genesis shareholder and wish to discuss the legal ramifications of the proposed acquisition, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.