Fortress Investment Group to acquire RailAmerica in $1.1bn transaction | AltAssets Private Equity News

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Fortress Investment Group to acquire RailAmerica in $1.1bn transaction

16 Nov 2006

New York-headquartered Fortress Investment Group has agreed to acquire RailAmerica for $16.35 per share in an all-cash transaction. The total value of the transaction, including the refinancing of RailAmerica's existing debt, is approximately $1.1bn.

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