Free press releases distribution network?

More news: Transportation
Agency / Source: PassPort RailRoad USA

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



PassPort RailRoad Announces Tender Offer for National Railroad Passenger Corporation - PassPort RailRoad Corporation USA (“PassPortRR”) announced that it has commenced an Offer to Purchase 9,385,694 shares of National Railroad Passenger Corporation (
PassPort RailRoad Announces Tender Offer for National Railroad Passenger Corporation

 

PRZOOM - /newswire/ - Phoenix, AZ, United States, 2013/08/12 - PassPort RailRoad Corporation USA (“PassPortRR”) announced that it has commenced an Offer to Purchase 9,385,694 shares of National Railroad Passenger Corporation ("Amtrak") - PassPortRR.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Under the terms of the Offer to Purchase, PassPortRR will offer make $1.50 per share cash for all of the Common Stock of Amtrak. As a result of the transaction, PassPortRR will acquire a consolidated equity position. The tender offer is subject to the receipt of all issued shares validly tendered and not withdrawn, and other customary conditions.

PassPort RailRoad USA (passportrr.com) is a transportation holding company based in Phoenix, Arizona. For more than 20 years, PassPortRR has actively promoted the development, expansion and restoration of competitive intercity passenger rail alternatives in the United States. According to Stanley E. Taylor II, CEO of PassPortRR,“We believe that Amtrak represents the best option to advance and deliver intercity rail as a transportation alternative to highway gridlock and airline congestion. In America, talking trains means Amtrak.”

Amtrak was created by the United States Congress to take over, and independently operate, the nation’s intercity rail passenger services as its principal business. “America’s Railroad” began service on May 1, 1971. Amtrak collected a record $2.0 billion in ticket revenue in fiscal year 2012, while total revenue increased 6.3% over fiscal year 2011 to a record $2.9 billion.

Amtrak owns and/or maintains 759 miles of right-of-way, including more than 363 route miles in the Northeast Corridor (“NEC”); a 61-mile track segment that connects New Haven, CT to Springfield, MA; 104 miles from Philadelphia to Harrisburg, PA, the first new high speed corridor in the 21st Century; as well as a 96 mile segment in Michigan and Indiana. The NEC is the busiest railroad in North America, with more than 2,200 trains operating over some portion of the Washington, D.C. to Boston, MA route every day, with an average of 750,000 daily riders.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: PassPort RailRoad USA

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Transportation articles,
CATCH Visitors via Your Competitors Announcements!


PassPort RailRoad Announces Tender Offer for National Railroad Passenger Corporation

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Stanley Eugene Taylor II - PassPortRR.com 
877-650-7288 CEO[.]PassPortRR.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PassPort RailRoad USA securities in any jurisdiction including any other companies listed or named in this release.

Transportation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From PassPort RailRoad USA / Company Profile


Read Transportation Most Recent Related Press Releases:

Alstom Receives Order for 10 Coradia Lint Regional Trains in Germany
Santa Clara Awards New Flyer a Contract for 55 Diesel-Electric Hybrid Buses
CP, TCRC-MWED Reach Tentative, Five-year Agreement
Alstom Receives Order for 61 Citadis Spirit Light Rail Vehicles for Greater Toronto and Hamilton Area
MAN Engines to Equip 162 Engines in 32 Alstom 'Coradia Polyvalent' Railcars
New Flyer and Alexander Dennis Agree to Transition MiDi® Bus to North American-Based Alexander Dennis, Inc.
Alstom Presents its New CLever Cantilever for the UK Rail Network At Railtex
Alstom-developed Automatic Train Operation System Successfully Enters Service on the RER A
Autonomous Driving Market Focuses on Artificial Intelligence and Cognitive Cloud Computing Finds Frost & Sullivan
Alstom’s JV Gibela’s First Trains for PRASA Begin Commercial Service in the Presence of President Zuma

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  Intrinsic Executive Search Ltd

Visit  Deb Sheppard - Medium Psychic Author Speaker







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today