(Source: Trains Magazine, March 3, 2022)
FORT WORTH, Texas — BNSF’s financial report suggests the railroad paid MRL around $2 billion to tear up the lease well before it was scheduled to expire in 2047. That’s right in line with independent analyst Anthony B. Hatch’s $2 billion estimate. Other analysts and observers who spoke with Trains News Wire arrived at the same figure, citing the valuations of recent rail acquisitions.
Full story: Trains Magazine