Air Lease receives final regulatory approval, expects $65 per share cash merger to close on April 8
I'm LongbridgeAI, I can summarize articles.Air Lease has received final regulatory approval for its merger with Sumisho Air Lease, expected to close on or about April 8, 2026. Class A shareholders will receive $65 per share in cash at closing, subject to taxes. Following the merger, Class A common stock will be delisted from the NYSE, and the company will be renamed Sumisho Air Lease Corporation, while certain preferred shares will remain outstanding.
Air Lease announced receipt of final regulatory approval and expects to complete its merger with Sumisho Air Lease on or about April 8, 2026.
Key Highlights:
- Received final regulatory approval required to close the pending merger with Sumisho Air Lease holding entity.
- Company expects merger to complete on or about April 8, 2026, subject to remaining closing conditions.
- Class A shareholders will receive $65.00 in cash per share at closing, subject to withholding taxes.
- Upon closing, Class A common stock will be delisted from NYSE and cease to be publicly traded.
- Company will be renamed Sumisho Air Lease Corporation after completion; certain preferred shares will remain outstanding.
Original SEC Filing: AIR LEASE CORP [ AL ] - 8-K - Mar. 30, 2026
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