GATX Corporation Announces Acquisition of Up to 3,100 Railcars
GATX Corporation (GATX)
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US:NYSE Investor Relations:
ir.gatx.com/phoenix.zhtml?c=70051&p=irol-irhome
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Source: GlobeNewswire
CHICAGO, Nov. 12, 2018 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced it entered into an agreement to acquire a fleet of up to 3,100 railcars from ECN Capital Corporation. The purchase price is up to $229 million. Robert C. Lyons, executive vice president and president, Rail North America said, “This transaction furthers our growth strategy of acquiring high quality railcars at an attractive cost.” The fleet consists predominantly of freight cars with an average age of 7 years. The closing of this acquisition is expected to occur on November 30, 2018 or as soon as practicable thereafter, subject to standard closing conditions including receipt of any required regulatory approvals. COMPANY DESCRIPTIONGATX Corporation (NYSE:GATX) strives to be recognized as the finest railcar leasing company in the world by its customers, its shareholders, its employees and the communities where it operates. As the leading global railcar lessor, GATX has been providing quality r
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GATX
Sec Filings
- 11/4/25 - Form 4
- 11/4/25 - Form 4
- 11/4/25 - Form 4
- GATX's page on the SEC website