Triton, TAL International Announce Merger

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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
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Posted In: NewsM&APress Releases
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