Willis Lease Finance set for worst day in 17-yrs after CEO offers to buy co

Willis Lease Finance

16/09/2019 17:13

** Aircraft engine lessor's shares  WLFC.O  down 19.3% at
$59.7, set for its worst day in 17 years
    ** Stock biggest one-day percentage loser on the Nasdaq
    ** Founder and CEO Charles Willis offers to buy co's all
outstanding shares at $58/shr in cash (http://bit.ly/2lWCOXY)
    ** Regulatory filing shows Willis held a 46.45% stake in the
company; he had made an offer to buy co's outstanding shares in
June as well 
    ** Despite session losses, stock up 74% this year

 (Reporting by Bharath Manjesh in Bengaluru)
 ((Bharath.ManjeshR@thomsonreuters.com;  outside U.S. +91 80
6749 8400;))