Triton Container International Limited ("Triton") and TAL International
Group, Inc. TAL ("TAL International") jointly announced today
that they have entered into a definitive agreement under which the
companies will combine in an all-stock merger of equals transaction. The
transaction, which has been unanimously approved by the Boards of
Directors of both companies, will create the world's largest
lessor of intermodal freight containers with a combined container fleet
of nearly five million twenty-foot equivalent units (TEU) and revenue
earning assets of $8.7 billion.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151109006824/en/
Under the terms of the transaction agreement, Triton and TAL
International will combine under a newly-formed holding company, Triton
See full press release
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