[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: GSR-Keswick



On Tue, 30 Dec 1997 07:31:33 GMT, mauried@commslab.gov.au (Maurie
Daly) wrote:

>Anyone know much about GSRs previous experiances with running trains.Maybe its 
>all too new.
>
RailAmerica, Inc. ( http://www.railamerica.com/1097gsr.html ) has a
"minor equity interest" in GSR.

 Quote from their press release:

"Boca Raton, FL -- October 31, 1997 -- RailAmerica, Inc.
(Nasdaq/NNM:RAIL) today announced that, as a member of the
Great Southern Railway Limited (GSR) consortium, it has completed the
acquisition of the assets and business comprising the
passenger rail service of the Australian National Railways Commission
(AN). GSR will formally take over operations of the
transcontinental luxury service effective midnight November 1, 1997.
RailAmerica, Inc., through its wholly-owned subsidiary
RailAmerica Australia Pty Ltd., holds an undisclosed equity interest
in the GSR consortium."