|  Clifton Linton

Florida East Coast Rwy Owner Looking At Sale Options: Bloomberg News

by Clifton Linton, Editor, Energy Transport Insider

The owner of the Florida East Coast Railway is said to be exploring sale options, Bloomberg News reported earlier this week.

Fortress Investment Group LLC is said to be working with investment banking firms to consider a sale of the Class 1 railroad. A call to Fortress was not returned by presstime.

No valuation has been set for the railroad.

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