(Source: MPBN News, September 10, 2014)
BANGOR, Maine — The new owner of the former Montreal, Maine and Atlantic Railway is vowing to run a profitable, efficient and safe railroad by 2015. Fortress Investment Group paid $15 million to acquire the track and other assets, after the Lac Megantic disaster drove the MMA into bankruptcy. Key Maine industries have a lot at stake in the new company and its leader, John Giles.
Full story and audio: MPBN News