Genesee & Wyoming Inc GWR:NYSE

Last Price$109.46NYSE Closing Price as of 4:02PM ET 7/23/19

Today's Change-0.05(0.05%)
Bid (Size)$108.80 (5)
Ask (Size)$112.14 (1)
Day Low / High$109.43 - 109.65
Volume891.9 K

Market Chatter: Genesee & Wyoming Jumps 9%; Blackstone, Brookfield Asset Management Said Preparing Bids

4:05PM ET 5/23/2019 MT Newswires
Genesee & Wyoming (GWR) ended more than 9% higher Thursday following a Bloomberg report that private-equity investors Blackstone (BX) and Brookfield Asset Management (BAM) have stepped up with bids for the rail carrier.

The railroad reportedly put itself up for sale in March, hiring a financial advisor to assist with evaluating its strategic options, people with knowledge of the matter told Bloomberg at the time, which also identified Brookfield as a potential suitor.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 93.95, Change: -0.00, Percent Change: -0.00