- GATX (GMT +1%) jumped 4% in early trade but has faded back, as the railcar lessor agrees to acquire GE Capital Rail Services' (GE -0.2%) per diem fleet of more than 18,500 boxcars for $340M.
- GATX expects the acquired fleet to generate ~$70M in annual revenue, and expects the deal to be immediately accretive, although the company is not yet adjusting its previously announced 2014 earnings guidance.
From other sites
at CNBC.com (Aug 20, 2014)
at CNBC.com (Apr 22, 2014)
at CNBC.com (Jan 23, 2014)
at CNBC.com (Mar 21, 2013)
at CNBC.com (Nov 5, 2012)
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