BUZZ-Air Lease shares up after $7.4 billion buyout deal
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Air Lease shares rose 6% to approximately $64 in premarket trading following a $7.4 billion acquisition agreement. The company will be acquired by a newly formed holding company backed by Sumitomo Corporation, SMBC Aviation Capital, and investment funds managed by Apollo and Brookfield. Shareholders will receive $65 in cash per share, reflecting a 7% premium over the stock's all-time high closing price. The deal is anticipated to close in the first half of 2026.
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