Hints and tips:
...Brookfield Asset Management has joined forces with Singapore’s GIC and a group of smaller investors to acquire US freight railroad owner and operator Genesee & Wyoming for about $8.4bn, the latest in a series...
...For example, when Sam Pollock, BIP’s chief executive, announced the company’s prospective $8.4bn takeover of Genesee & Wyoming, a major operator of US short-line rail companies, he spoke of how “G & W will...
...Genesee & Wyoming was advised by Bank of America....
...In another recent incident, oil tank cars on a train operated by Genesee & Wyoming, an operator of short-distance railroads, exploded in November in Alabama after derailing....
...After two weeks in the mountains of Wyoming, I come home and what do I find?...
...The two largest short-line and regional rail operators in North America said they would combine on Monday, with Genesee & Wyoming acquiring RailAmerica for $1.4bn in cash....
...And after railway operator Genesee & Wyoming agreed to buy RailAmerica for $1.4bn, its stock rose 31 per cent, adding $700m, or half the deal price, to its market value....
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