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Article: Florida East Coast Industries Completes Acquisition of Codina Group, Inc. and Related Property Interests.
- Article from:
- PR Newswire
- Article date:
- April 27, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. AUGUSTINE, Fla. and MIAMI, April 27 /PRNewswire-FirstCall/ -- Florida East Coast Industries, Inc. (FECI) today announced the completion of its previously announced acquisition of privately held Codina Group, Inc. (Codina Group), the largest industrial developer in South Florida and one of Florida's largest exclusive third-party real estate service providers, and related property interests. In separate transactions, subsidiaries of FECI acquired certain land parcels and a general partnership interest.
The transactions were valued at $270 million in aggregate, including contingent consideration, and will solidify the Corporation's position as one of the ...