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KKR To Sell Infinity Transportation To Ares Management For About $2.9 Bln

(RTTNews) - Investment firm KKR & Co. Inc. (KKR) announced on Monday that it has agreed to sell Infinity Transportation, a railcar and intermodal equipment lessor, to funds managed by Ares Management Corp. (ARES) for an enterprise value of about $2.9 billion.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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