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Saw this on Fox New this AM

U.S. freight railroads operator Genesee & Wyoming on Monday agreed to be acquired by Toronto-based Brookfield Asset Management and Singaporean sovereign wealth fund GIC in a deal valued at about $8.4 billion, including debt.

The announcement comes a day after Reuters reported news of the development, citing sources.

The Transaction will result in G&W becoming a privately held company.

 

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