AerCap Holdings (AER) Rally Continued
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AerCap Holdings N.V. (AER)
AER closed at $34.97, up $1.80 (or +5.43%), and 4,393,262 of its shares exchanged hands on Tuesday's trading session.
The price target of AER was raised from $22.00 to $40.00 by brokerage firm FBR Capital. The company reported that it has entered into a definitive agreement with American International Group, Inc. (AIG) under which AER will acquire 100% of the common stock of International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of AIG.
Under the terms of the agreement, AIG will receive $3.0 billion in cash and 97,560,976 AER shares. The combined company will retain the name AerCap, and ILFC will become a wholly-owned subsidiary of AER .
AER is one of the world's leading aircraft leasing companies.
More about AerCap Holdings N.V. (AER) at www.aercap.com
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Crown Equity Holdings Inc. (CRWE)
Alternatively referred to as a virtual community or profile site, a social network is a web site on the Internet that brings people together in a central location to talk, share ideas, share interests, make new friends, etc.
CRWE is currently developing a social networking service and phone app, CRWE Network (CRWE-PR), that is designed to target all the communities in every state of the United States.
CRWE ‘s business plan is based on selling advertising to local businesses. Its goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums.
CRWE is looking to deliver value for its stockholders in both the near and long term, and to improve the potential future growth for the company, is targeting the multi-billion dollar social networking service market.
CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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