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Short line merger
By Railway Gazette International2000-03-01T11:00:00
US-BASED short line group RailAmerica confirmed on February 4 that it had completed the US$325m acquisition of RailTex Inc announced in October 1999. Under terms approved by both sets of shareholders on February 1, RailTex shareholders will receive $13·50 in cash and 0·66 of a share of RailAmerica stock for ...
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