Passenger Trains > Florida East Coast Sold

MEXICO CITY (AP) – Mexican mining and rail conglomerate Grupo Mexico says it has reached an agreement to buy Brightline parent Florida East Coast Railway Holdings Corporation for $2.1 billion from Fortress Investment Group.

http://www.miamiherald.com/news/business/article141265728.html
 

Que?!

Posted from Android

It's not clear to me whether this deal includes Brightline or if Brightline will still be owned by Fortress.

According to Trains Newswire
All Aboard Florida remains with Fortress after FEC sale
WP17

CPR_4000 Wrote:
-------------------------------------------------------
> It's not clear to me whether this deal includes
> Brightline or if Brightline will still be owned by
> Fortress.

Does Trains give a source of it's infomation?

WP17 Wrote:
-------------------------------------------------------
> According to Trains Newswire
> All Aboard Florida remains with Fortress after FEC
> sale
> WP17
>
> CPR_4000 Wrote:
> --------------------------------------------------
> -----
> > It's not clear to me whether this deal includes
> > Brightline or if Brightline will still be owned
> by
> > Fortress.

Yes:

I hope it's ok for me quote this sentence from the Trains article (my apologies to Trains if not)
“The sale of the Florida East Coast Railway does not impact Brightline," All Aboard Florida spokeswoman AnneMarie Mathews tells Trains News Wire. 

WP17

PHall Wrote:
-------------------------------------------------------
> Does Trains give a source of it's infomation?
>
> WP17 Wrote:
> --------------------------------------------------
> -----
> > According to Trains Newswire
> > All Aboard Florida remains with Fortress after
> FEC
> > sale
> > WP17
> >
> > CPR_4000 Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > It's not clear to me whether this deal
> includes
> > > Brightline or if Brightline will still be
> owned
> > by
> > > Fortress.

cabsignaldrop Wrote:
-------------------------------------------------------
> Que?!
> Posted from Android
 
Reconquista!

I ask only because there's a number of "news" sites out there who don't give their sources. Makes it difficult to put any trust in them.

WP17 Wrote:
-------------------------------------------------------
> Yes:
>
> I hope it's ok for me quote this sentence from the
> Trains article (my apologies to Trains if not)
> “The sale of the Florida East Coast Railway does
> not impact Brightline," All Aboard Florida
> spokeswoman AnneMarie Mathews tells Trains News
> Wire. 
>
> WP17
>
> PHall Wrote:
> --------------------------------------------------
> -----
> > Does Trains give a source of it's infomation?
> >
> > WP17 Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > According to Trains Newswire
> > > All Aboard Florida remains with Fortress
> after
> > FEC
> > > sale
> > > WP17
> > >
> > > CPR_4000 Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > It's not clear to me whether this deal
> > includes
> > > > Brightline or if Brightline will still be
> > owned
> > > by
> > > > Fortress.

Brightline was never under the FEC anyway. It was under FEC Inustries, which became a seperate entity from FEC Railway under Fortress.