JACKSONVILLE, Fla., April 9, 2012 /PRNewswire/ -- RailAmerica, Inc. (NYSE: RA) announced today that it has completed its acquisition of a seventy-percent interest in the Wellsboro and Corning Railroad ("WCOR") and Industrial Waste Group ("IWG") from Myles Group for approximately $18 million.
RailAmerica, Inc. owns and operates short-line and regional freight railroads in North America, operating a portfolio of 44 individual railroads with approximately 7,400 miles of track in 28 U.S. states and three Canadian provinces.
Cautionary Note Regarding Forward-Looking Statements
Certain items in this press release and other information we provide from time to time may constitute forward-lo...
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RailAmerica, Inc. owns and operates short-line and regional freight railroads in North America, operating a portfolio of 44 individual railroads with approximately 7,400 miles of track in 28 U.S. states and three Canadian provinces.
Cautionary Note Regarding Forward-Looking Statements
Certain items in this press release and other information we provide from time to time may constitute forward-lo...
More...