Fortress Investment Group

Latest Fortress Investment Group Items
  • Railroad to emerge from bankruptcy with new name

    The Maine-based railroad responsible for a fiery derailment that killed 47 people in Quebec in July is getting a new name.


  • Judges OK sale of railroad in Canada disaster

    Judges in the U.S. and in Canada on Thursday approved the sale of a Maine-based railroad that went bankrupt after one of its trains derailed in Canada, setting off an explosion and fire that killed 47 people.


  • Maine railroad in deadly Canada derailment sold

    A railroad that went bankrupt after a fiery oil train derailment killed 47 people last summer in Canada was sold at auction Tuesday to a subsidiary of a New York City-based investment management company.


  • ** FILE **  File photo released by The Carlyle Group shows David M. Rubenstein.  (AP Photo/The Carlyle Group, File )

    Carlyle shaves price in public stock offering

    Private equity firm Carlyle Group LP, Washington's premier investment bank, will start trading publicly on Thursday at what analysts are calling a discounted initial price of $22 a share, the company announced late Wednesday evening after the markets closed.


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