AIG to get out of the railcar leasing business
AIG has been selling its assets to raise cash and narrow the focus of its business, according to the news service.
The Obama administration has pushed for building more railways in the U.S., arguing in part that building the trains would pump up the American economy.
Perella Weinberg is a New York-based investment bank. It already owns a transportation company called Infinity Transportation.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
