Genesee & Wyoming Reports Results for the Fourth Quarter of 2012

Mr. RSS Feb 12, 2013

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    GREENWICH, Conn.--(BUSINESS WIRE)--Feb. 12, 2013-- Genesee & Wyoming Inc. (GWI) (NYSE: GWR) Acquisition of RailAmerica, Inc. GWI acquired RailAmerica, Inc. (RailAmerica) on October 1, 2012 for approximately $2.0 billion, including the assumption of debt.1 Immediately following the acquisition, GWI placed the shares of RailAmerica into an independent voting trust pending regulatory approval of the transaction by the U.S. Surface Transportation Board (STB). The STB approved the transaction and permitted GWI to take control of RailAmerica on December 28, 2012. Immediately thereafter, GWI commenced inte...

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