Genesee & Wyoming Announces Acquisition of Arkansas Division of Pinsly Railroad Company
11.20.14
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Simpson Thacher is representing Genesee & Wyoming Inc. (NYSE: GWR) in connection with its acquisition of the Arkansas Division of Pinsly Railroad Company (“Pinsly Arkansas”). The transaction, which is expected to close in January 2015, is subject to customary closing conditions.
Pinsly Arkansas includes approximately 137 miles of owned and leased track serving the Hot Springs and Little Rock areas, as well as the southwestern and southeastern portions of Arkansas. Genesee & Wyoming owns and operates short line and regional freight railroads in the United States, Australia, Canada, the Netherlands and Belgium.
The Simpson Thacher team includes Anthony Vernace and Mitchell Ryan (M&A); Gary Mandel and Sophie Staples (Tax); Adeeb Fadil and Noreen Lavan (Environmental); Jamin Koslowe and Jennifer Pepin (ECEB); Lori Lesser and Sharo Atmeh (Intellectual Property); and Krista McManus (Real Estate).