Rapid City, Pierre & Eastern Railroad Completes Acquisition of Dakota, Minnesota & Ea

Railroadforums.com is a free online Railroad Discussion Forum and Railroad Photo Gallery for railroaders, railfans, model railroaders and anyone else who is interested in railroads. We cover a wide variety of topics, including freight trains, passenger and commuter railroads, rail news and information, tourist railroads, railway museums and railroad history.

R

RSS Feed

Automated RSS Reader
RAPID CITY, S.D.--(BUSINESS WIRE)--May 30, 2014--
Genesee & Wyoming Inc. (G&W) (NYSE:GWR) today announced that its newly
established subsidiary, Rapid City, Pierre & Eastern Railroad, Inc.
(RCP&E) has completed the acquisition of the west end of the Dakota,
Minnesota & Eastern (DM&E) rail line from Canadian Pacific
(TSX:CP)(NYSE:CP) for approximately $210 million plus approximately $7.5
million for the purchase of certain inventory, equipment and vehicles.



Rapid City, Pierre & Eastern Railroad, Inc. has completed the acquisition of the west end of the Dakota, Minnesota & Eastern rail line from Canadian P...

More...
 
You must log in or register to reply here.




RailroadForums.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com

RailroadBookstore.com - An online railroad bookstore featuring a curated selection of new and used railroad books. Railroad pictorials, railroad history, steam locomotives, passenger trains, modern railroading. Hundreds of titles available, most at discount prices! We also have a video and children's book section.

ModelRailroadBookstore.com - An online model railroad bookstore featuring a curated selection of new and used books. Layout design, track plans, scenery and structure building, wiring, DCC, Tinplate, Toy Trains, Price Guides and more.

Affiliate Disclosure: We may receive a commision from some of the links and ads shown on this website (Learn More Here)

Top