Kendall Law Group Investigates RailAmerica, Inc.

Kendall Law Group, led by former federal judge Joe Kendall, is investigating RailAmerica, Inc. (NYSE: RA) for shareholders in connection with the proposed acquisition by Genesee & Wyoming. The national securities firm’s investigation seeks to determine whether RailAmerica and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a RailAmerica shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at investor@kendalllawgroup.com.

On July 23, 2012, the companies announced the definitive merger agreement under which RailAmerica would be acquired by Genesee & Wyoming, in a transaction valued at approximately $1.39 billion. Under the terms of the agreement, RailAmerica stockholders will receive $27.50 in cash for each share of RailAmerica/RA common stock held. The offer price represents an 11% premium to RailAmerica’s Friday closing price. The firm’s investigation seeks to determine whether RailAmerica and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Copyright Business Wire 2010

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