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FTAI Infrastructure Receives Approval to Acquire Wheeling & Lake Erie Railway Company
ByAinvest
Monday, Dec 1, 2025 7:11 am ET1min read
FTAI Infrastructure has received US Surface Transportation Board approval to acquire Wheeling & Lake Erie Railway Company, with the acquisition effective from December 26. The company will dissolve the voting trust controlling The Wheeling and combine its operations with Transtar freight rail business. The acquisition aims to enhance the company's transport energy infrastructure operations.
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