JACKSONVILLE, Fla. May 22, 2012 /PRNewswire/ -- RailAmerica, Inc. (NYSE: 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 additio... More...
