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Genesee & Wyoming to buy Ohio Central
By Railway Gazette International2008-08-05T08:19:00
USA: Genesee & Wyoming Inc announced on August 4 that it had signed an agreement to purchase the Coshocton-based Ohio Central Railroad System, which operates nine short lines in Ohio and Pennsylvania. GWI has agreed to pay US$219m in cash, and a contingent consideration worth approximately $25m.
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