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Frustrated Rail Buyer Asks Chancery To Force $45M Escrow

By Leslie A. Pappas (March 8, 2022, 5:32 PM EST) -- The unsuccessful bidder for a Florida freight railroad told Delaware Chancery Court on Tuesday that the railroad should escrow $45 million so that it will be able to afford to pay future damage judgments after its pending $224 million sale to Macquarie Infrastructure Partners goes through....

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