Genesee & Wyoming and SEACOR Holdings Form Joint Venture
09.06.17
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Simpson Thacher represented Genesee & Wyoming Inc. (NYSE: GWR) in connection with its formation of a 50/50 joint venture with SEACOR Holdings Inc. (NYSE: CKH) to own and operate CG Railway, LLC. CG Railway operates a freight railroad providing rail ferry service between the ports of Mobile, Alabama and Coatzacoalcos, Veracruz. The terms of the joint venture were not publicly disclosed.
The Simpson Thacher team included Anthony Vernace and Johanna Mayer (M&A); and Gary Mandel and George Davis (Tax).