Re: PIR for sale! Buy the SD&AE!
Author: cprr
Date: 02-09-2017 - 14:24

"PIR has entered into an asset purchase agreement with International Transportation Association (“ITA”) for the price of $3,800,000. ITA is an affiliate of Baja Rail. The sale is subject to overbidding. That means that other interested and qualified purchasers may bid for the assets at a sale hearing to be scheduled in the near future. The minimum overbid will be $3,875,000. PIR has solicited competing bids from other companies in the railroad and intermodal businesses."

So from one set of crooks to another.......No US company other than a scrapper would buy it, and even then it might not get much for the scrap....needs way to much work to make money.



Subject Written By Date/Time (PST)
  PIR for sale! Buy the SD&AE! GCRY4960 02-09-2017 - 11:45
  Re: PIR for sale! Buy the SD&AE! Espee2472 02-09-2017 - 12:06
  Re: PIR for sale! Buy the SD&AE! Jim Speaker 02-09-2017 - 13:16
  Re: PIR for sale! Buy the SD&AE! cprr 02-09-2017 - 14:24
  Re: PIR for sale! Buy the SD&AE! AZebra 02-09-2017 - 14:37
  Re: PIR for sale! Buy the SD&AE! Jim 02-09-2017 - 15:03
  Re: PIR for sale! Buy the SD&AE! Tommy J 02-09-2017 - 20:08
  Re: PIR for sale! Buy the SD&AE! fyi 02-09-2017 - 21:24
  Re: PIR for sale! Buy the SD&AE! SHAME ON YOU!! 02-10-2017 - 09:36
  Re: PIR for sale! Buy the SD&AE! Tommy J 02-10-2017 - 20:21
  Re: Buy the SD&AE! Interesting despite the usual ignorant commments BOB2 02-10-2017 - 09:39
  Tommy J Whatsa Mata U 02-13-2017 - 12:31


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