Florida East Coast Railway Sale Should Drive Strong Interest From CSX And Norfolk Southern
On October 13, 2016, it was reported by Bloomberg that Fortress Investment Group LLC, (FIG) was looking to sell Florida East Coast Railway Corporation, (FECR). Not much information was provided aside from Barclays and Morgan Stanley being involved in an advisement role, and the fact that Florida East Coast Industries, Inc. (FECI), the holding company…
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