GREENWICH, Conn.--(BUSINESS WIRE)--Dec. 20, 2012-- Genesee & Wyoming Inc. (“GWI”) (NYSE: GWR) today announced that the U.S. Surface Transportation Board ("STB") has approved its application to control RailAmerica, Inc., and the RailAmerica railroads (collectively, “RailAmerica”), effective December 28, 2012. Assuming no stay requests are made by the December 24, 2012 deadline set by the STB, the voting trust that has controlled RailAmerica since the transaction closed on October 1, 2012 is expected to be dissolved on December 28, 2012. Thereafter, GWI would assume control of RailAmerica and begin integration of the two co... More...
