American Railcar Industries agreed to merge with a wholly-owned subsidiary of ITE Rail Fund in a transaction valued at $1.75 billion. According to CNBC, Carl Icahn stands to earn a $757.2 million profit on the deal. read more
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The landscape for funding sources has shifted a great deal over the last year. With interest rates at the highest level recorded in more than a decade, turmoil in the banking industry after several notable bank failures in 2023, and... read more
This year, Monitor’s Top 30 Private Independents reported a 14.9% year over-year growth in new business volume — just half of last year’s 30.8% year-over-year growth, which was the second-highest reported in the ranking’s history. Despite the dramatic drop in... read more