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FECIFlorida East Coast Industries
FECIFederation of Estonian Chemical Industries
FECIFamily Entertainment Center, Inc. (Philippines)
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Today, FECI continues to transform Florida as the parent company to four distinct business lines including Flagler, a full-service commercial real estate company; All Aboard Florida, the United States' first privately owned and operated intercity passenger rail system; Flagler Global Logistics, an integrated logistics company that offers a wide range of logistics services and real estate solutions; and Parallel Infrastructure, a leader in third party Right of Way investments and management services.
s 8acents% Senior Secured Notes due 2017 and of FECH's 101/2% / 111/4% Senior PIK Toggle Notes due 2017 and the plans of making contributions to certain subsidiaries of FECI.
FECI has applied to delist its shares from trading on the New York Stock Exchange and will terminate its reporting obligations under the Securities Exchange Act of 1934.
The Board of Directors of FECI also declared a one-time, special cash dividend of $21.
Pursuant to the terms of the memorandum of understanding, FECI has agreed to make available to its shareholders certain additional information in connection with the proposed merger.
FECI joins other transportation providers including Atlas Van Lines, Avis Rent-A-Car Europe, Mercedes-Benz and DAF Trucks NV, that use OnWeb to create value-added services, generate new revenue opportunities and leverage existing technology investments.
50 per share on all issued and outstanding common stock, payable on July 25, 2007 to shareholders of record of such stock at the close of business on July 24, 2007, after the FECI shareholder meeting to approve the proposed merger of FECI pursuant to the Merger Agreement, dated as of May 8, 2007, by and among FECI, Iron Horse Acquisition Holding LLC and Iron Horse Acquisition Sub Inc.
The presentation highlights FECI and its subsidiaries, consolidated and subsidiary business accomplishments, as well as business opportunities, markets, certain financial results, balance sheet components, growth potential and 2003 outlook for the Realty and Railway businesses.