Bangor Daily News: Wall Street Investment Firm Emerges as Potential Buyer of Montreal, Maine and Atlantic Railway

bangor-daily-newsThe trustee for the bankrupt Montreal, Maine and Atlantic Railway has signed a sales agreement for the railroad’s assets with a company that appears to be affiliated with a global investment firm based in New York City.

In documents filed with the court on Thursday, Robert Keach, MMA’s trustee, asked the court for permission to sell “substantially all” assets of MMA and MMA Canada to Railroad Acquisition Holdings LLC for $14.25 million.

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