July 2012

Genesee &Wyoming Inc. Complete Short-Line Merger

July 24, 2012

As reported by the San Francisco Chronicle, Genesee & Wyoming Inc., which is a short-life rail operator, has agreed to purchase RailAmerica INc. for $1.39 billion. The purchase was made at $27.50 per share, which was 11% higher than RailAmerica’s closing price on July 20. The acquisition will merge North America‚Äôs two largest short-lines and […]

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