Article: Genesee & Wyoming to Acquire Railroads from Georgia-Pacific Corp.; Genesee & Wyoming Schedules Conference Call to Discuss Acquisitions.

GREENWICH, Conn., and ATLANTA -- Dec. 19 /PRNewswire-FirstCall/ -- Georgia-Pacific Corp. and Genesee & Wyoming Inc. (GWI) today announced they have signed an agreement for GWI to acquire three short- line railroads from Georgia-Pacific for $55.6 million.

In conjunction with the acquisition, GWI has entered into a 20-year agreement to provide rail transportation service to Georgia-Pacific facilities currently served by these railroad operations.

GWI will acquire the Chattahoochee Industrial Railroad (CIRR), the Arkansas Louisiana & Mississippi Railroad Company (ALM), and the Fordyce & Princeton Railroad Company (F&P). For the 12 months ended Sept. 30, ...

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