RailAmerica, Inc. and Fortress Investment Group to Acquire Railroads from RR Acquisition Holding, LLC

Summary

RailAmerica, Inc. and Fortress Investment Group, LLC have agreed to acquire several railroads from RR Acquisition Holding, LLC, including Conecuh Valley Railway, LLC, Three Notch Railway, LLC, and Wiregrass Central Railway, LLC, as part of a larger deal involving Palm Beach Holdings, Inc. and RailAmerica Transportation Corp.