STB grants approval to GWI's acquisition of RailAmerica

摘要

The U.S. Surface Transportation Board approved the application of Genesee & Wyoming Inc. (GWI) to control RailAmerica, Inc., and the RailAmerica railroads, effective December 28, 2012. The voting trust that controlled RailAmerica since the transaction closed on October 1, 2012, was dissolved on December 28, 2012. Thereafter, GWI assumed control of RailAmerica and began integration of the two companies.