Author Topic: Bigger Short Line in GA  (Read 391 times)

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C855B

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Re: Bigger Short Line in GA
« Reply #1 on: February 08, 2017, 12:06:16 PM »
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A little familiar with Georgia Central, this is a foregone conclusion I'm surprised took this long to happen.
...mike

http://www.gibboncozadandwestern.com

We don't make mistakes, we have happy accidents. We just don't tell anybody. -Bob Ross

davefoxx

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Re: Bigger Short Line in GA
« Reply #2 on: February 08, 2017, 04:24:49 PM »
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If I understand it correctly, this purchase will allow connection between other G&W roads, which could make for a much more efficient railroading.  G&W is just gobbling up the short lines.  If it keeps this up, it will become a Class 1 railroad.   :o

DFF

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Blazeman

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Re: Bigger Short Line in GA
« Reply #3 on: February 09, 2017, 02:25:08 PM »
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  G&W is just gobbling up the short lines.  If it keeps this up, it will become a Class 1 railroad.   DFF

They've cut debt levels so they can leverage themselves again to make more buys or get that "big one" whatever it may be. They have said they are in a M&A thinking mode.