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POTENTIAL DEAL DETAILS
| Stock | Genesee & Wyoming Inc. | Symbol | GWR |
| Date Announced | 05/23/2019 | Source | Bloomberg |
| Type | News Report |
| Date of Confirmation: | 07/01/2019 | Price at Confirmation: | $100.00 |
| Potential Profit: | 6.44% | Annualized Profit: | 60.27% |
Affiliates of Brookfield Asset Management Inc. (BAM), Blackstone Group LP (BX), Stonepeak Infrastructure Partners, and EQT Partners are vying to acquire railroad operator Genesee & Wyoming Inc. (GWR), according to people familiar with the matter.
Update(s):
June 21, 2019: An affiliate of Brookfield Asset Management Inc. (BAM) is the frontrunner to acquire railroad operator Genesee & Wyoming Inc. (GWR), according to people with knowledge with the matter.
July 01, 2019: Investment firm Brookfield Asset Management Inc (BAM) has agreed to acquire U.S. freight railroad owner and operator Genesee & Wyoming Inc (GWR) for close to $9 billion, including debt, people familiar with the matter said on Sunday.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.