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