Transportation Industry
CIT Rail Resources - Supply Side - acquires Flex Leasing Corp - Brief Article
Railway Age, May, 2003
CIT Rail Resources, a unit of CIT Group Inc., acquired Flex Leasing Corp., a railcar leasing company based in San Francisco. CIT acquired Flex's lease fleet of 7200 general purpose freight cars, valued at approximately $400 million, increasing CIT's overall fleet to 54,000 railcars.
COPYRIGHT 2003 Simmons-Boardman Publishing Corporation
COPYRIGHT 2003 Gale Group
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