Tarantula Corporation Acquires Texas Central Railroad
August 16, 2024
Tarantula Corporation, the railroad holding company that owns Fort Worth & Western Railroad, acquired the 26-mile Texas Central Railroad from Birdsong Corporation, with the purchase finalized on June 30. The acquisition gives Fort Worth & Western Railroad (FWWR) ownership rights enabling substantial investments in maintenance, infrastructure upgrades and development of rail-served sites to improve service capabilities for regional customers.
- Buyers
- Tarantula Corporation, Fort Worth & Western Railroad Company
- Targets
- Texas Central Railroad
- Sellers
- Birdsong Corporation
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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