Freight

Genesee & Wyoming Inc to buy Arizona Eastern Railway

2011-08-03T09:03:00

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USA: On August 2 short line group Genesee & Wyoming Inc announced an agreement to acquire Arizona Eastern Railway from Iowa Pacific Holdings for $90·1m. The deal is expected to be completed in the third quarter of 2011, with AZER to be managed as part of GWI's newly-created Mountain West ...

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