Loading...
Loading...
RailAmerica, Inc.
RA
today, in response to market rumors, stated that its Board of Directors is
considering strategic alternatives, which may include a sale of the Company.
In connection with its evaluation, the Company is engaged in preliminary
discussions with third parties regarding a potential sale of the Company.
There can be no assurances that any agreement will be reached with respect to
a transaction or that a transaction will be consummated. The Company has
retained Deutsche Bank Securities Inc. as its financial advisor and to assist
in its evaluation. The Company further stated that it does not intend to make
any additional comments on this matter unless and until a definitive agreement
has been reached.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in